M2 money supply index as a leading BTC trend indicator
TIL that the M2 money supply index is actually a pretty reliable indicator for predicting Bitcoin's trend! By offsetting the index by 70-75 days, it's crazy how well it correlates with BTC's price. According to the analysis, it looks like we're in for a 13-day consolidation period starting from October 2nd, followed by another rally. And get this - this rally is expected to reach new highs, with a potential all-time high (ATH) by the end of October!
Nota
Predicted ATH could be in the first or second week of November.
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