I've seen over a dozen posts with different versions of the global liquidity M2 vs Bitcoin price chart - I've attached several here. Credit @RaoulGMI and his colleague @BittelJulien for discovering the trend.

Most of these charts predict a dip over the coming days to around 100k and then a move to new ath of 130k in August/September. There are many reasons to believe this outcome. The coming dip could just be sideways movement for a few days or a capitulation move down to 95k. Or this could all be horseshit. Whatever.

Most importantly it’s clear that global liquidity needs to rise significantly in the coming months. Bitcoin remains the mother of all liquidity (re: debasement) sponges.

As the price of Bitcoin rises those gains will most likely spill over into other L1 platforms and then ultimately speculative alts. The proverbial alt season.

Watch your leverage, touch grass and please please be civil.

🙏🙏