Gate News bot message, Bitcoin (BTC) demonstrates a notable correlation pattern with the global M2 money supply metrics. The data indicates a direct relationship between monetary liquidity levels and Bitcoin’s price movements. According to the latest analysis, the 10-week forward projection of M2 monetary supply points to an upward trajectory for Bitcoin’s valuation.
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Bitcoin Shows Strong Correlation with Global M2 Money Supply Trends
Gate News bot message, Bitcoin (BTC) demonstrates a notable correlation pattern with the global M2 money supply metrics. The data indicates a direct relationship between monetary liquidity levels and Bitcoin’s price movements. According to the latest analysis, the 10-week forward projection of M2 monetary supply points to an upward trajectory for Bitcoin’s valuation.