📊 Bitcoin & M2 Money Supply: Are We Nearing the Top? 📉
A fascinating pattern is emerging 👀
The M2 Money Supply / BTCUSD chart (with an 84-day delay) shows a double top forming in late September — with a lower high. Historically, Bitcoin peaks 525–532 days after halving, and we’re getting very close to that window. ⏳
🔍 So, what does it mean?
Based on current trends, BTC is highly correlated with M2, suggesting that we could be just 2 months away from Bitcoin’s cycle top.
💰 Where could the top be?
While pinpointing the exact price is tricky due to scale variations in the correlation model, it's looking likely that the top could come in below $200,000.
🎯 Realistic Top Range?
Considering diminishing returns and excluding the "supercycle" scenario, a $135K–$190K BTC top in late September aligns with historical patterns.
🧠 Worth noting: This cycle saw a new ATH before the halving, thanks to ETF-driven momentum — a notable deviation from the norm.
Will this cycle stay true to form? Or will Bitcoin defy expectations again?
Drop your predictions ⬇️
#Bitcoin #BTC #CryptoMarket #HalvingCycle #M2Supply #MacroAnalysis #BinanceSquare #CryptoTrends #BTCForecast #BitcoinTop