What we’re seeing here is monetary stagnation meets hard money momentum
Since early 2023, M2 money supply growth has remained flat or even negative - a stark contrast to the post-2020 expansion
Despite this, $BTC has held strong and even pushed HIGHER
$BTC is beginning to decouple from fiat liquidity cycles In a tight monetary regime, this resilience is a signal of changing macro perception - BTC is no longer just a liquidity play, it’s becoming a structural allocation
While M2 flattens, the bid for digital scarcity persists.
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