{"type":"rich","version":"1.0","title":"DrJeff wrote","author_name":"DrJeff (npub1k7…3c04l)","author_url":"https://yabu.me/npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l","provider_name":"njump","provider_url":"https://yabu.me","html":"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).\n\nWith 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."}