🪙 Bitcoin ; dynamic correlation between the global money supply (M2) and Bitcoin prices:
Due to its dual characteristics, Bitcoin typically performs well when M2 expansion and a rising stock market occur at the same time. However, Bitcoin's performance can comparatively lag behind when M2 growth experiences a stock market decline.
Bitcoin's great sensitivity to the macroeconomic climate is exposed by this analysis, which also explains why its price trend is less steady and predictable than that of gold. #BTC
