This is just an expected drawdown related to global M2 declining from late September 2024 through mid-January 2025. M2 has since been moving higher (primarily because of a weakening US dollar).
With an expected 8-12 week delay, I expect bitcoin to start rising again in earnest in the coming 1-5 weeks. Hopefully new ATHs by the end of May 2025.
DrJeff / Dr. Jeff
npub1k7…3c04l
2025-03-10 20:32:15 UTC
in reply to nevent1q…lcp0
Author Public Key
npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04lSeen on
wss://nos.lolPublished at
2025-03-10 20:32:15 UTCEvent JSON
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