Is it time for a Bitcoin correction?

In the past,#Bitcoinprices have tracked the global money supply with a lead of about 10 weeks.

With the global money supply hitting a new record high of $108.5 trillion in October, Bitcoin prices hit an all-time high of $108,000.

But over the past two months, the money supply has fallen by $4.1 trillion, to $104.4 trillion, its lowest level since August.

If the relationship holds, it suggests that Bitcoin prices could fall by as much as $20,000 in the next few weeks.

Bitcoin’s fast track could be paused.