BTC VS M2 Total Valuation at alltime high support

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another way to look at the macro picture

BTC claiming an all time high ratio of monetary supply

I wonder if anyone else pays attention to this? idk worked for the bottom

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تم فتح الصفقة

btc back at the 4.4 does it keep going or sideways again? unless M2 rises BTC may continue to be capped out and grow at the pace of M2.

but one thing always worth noting is that US is not the only country that can print money. And the rest of the world is printing. . and those investors are looking for yield in low growth/uncertain growth environments.