Guys, there is such a thing as 'money supply M2'.
Sounds complicated, but don’t be scared)
This is an indicator that reflects the amount of money in the economy that people hold in cash and deposits.
And Bitcoin has been following this indicator with a lag of about 87 days for quite some time now.
So if M2 starts to grow — then over time Bitcoin will follow.
This is not a rule, but an observation, and so far it works.
I would say that this is a good indirect signal for further growth. I wouldn't use it as a basis for entering a trade, but as confirmation of the overall bullish sentiment — quite 🤝
The picture is positive until the end of the year. There will be dips, of course — and I will be picking them up. But I don’t see any reasons for panic.
But let me remind you: this is trading. There are never any guarantees here. There are always risks and the possibility of negative scenarios playing out. If signs of a reversal appear — I will definitely write about it.
Share, do you look at such indicators?
🔥 — Yes, this can play an important role.
👍 — No, I didn't even know about that
