Did news headlines really push Bitcoin$BTC up over the past two years? 🤔
Not really, says macro guru Raoul Pal — and he’s got receipts.
📊 According to Pal, a whopping 89% of Bitcoin’s $BTC price action can be explained by one simple thing:
👉 Global Liquidity (M2 money supply).
Yep, it’s not just hype or ETF news — it’s trillions of dollars flooding the system. As governments kept printing cash, BTC $BTC followed the money. That’s why Pal calls all the rest of the headlines just “noise.”
🧠 TL;DR:
Bitcoin = rising with global money printing 💸
89% of BTC’s price moves = tied to liquidity
Bitcoin is debasing the dollar, not the other way around
“BTC is the new bonds,” says Pompliano 🔥
Even with recent volatility (BTC dropped to $103K on Mideast tensions), the macro trend is solid.
👇 If you believe in the big picture, keep stacking those sats.
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