Global M2 Money Supply vs Bitcoin 🔸 CHART 1: 83 day offset I updated the "average" calculation in the bottom of the correlation table. It is now less volatile and should also result in tweaking the offset less. It averages the 60 day - 2 year correlation. Code is updated here: 🔸 CHART 2 (animated): Non-correlation highlighted Pink shaded areas show deviations in short term correlation, in an otherwise broad (macro) correlation. The area we are in now is similar to the area in February 2025. This does not mean M2 is "broken", just as it wasn't back then. It just means you aren't zoomed out enough. Non-correlation happens 20% of the time. 🔸 GENERAL INFO: M2 is *directionally* predictive for BTC-- it is not 1:1 price related. M2 does not predict a specific BTC *price*. It predicts market direction, with about 80% accuracy. I see some trying to use the BTC y-axis for the M2 line. BTC is on its own y-axis and M2 is on its own y-axis. It's possible M2 *will* decouple from BTC near the cycle top. Watch the video below for how we can protect ourselves if M2 does decouple in the future:
🔵 Global M2 vs BTC - How to Not Be Fooled By M2 at the TOP How to avoid being rekt if Global M2 keeps going up while BTC goes down. Get the Global M2 TradingView script with the CORRELATION TABLE:
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