Unit of a Count on Nostr: According to DR. Ross #bitcoim is acting rationally do to 🤡🌍🌎🌏 fiat ...
According to DR. Ross #bitcoim is acting rationally do to 🤡🌍🌎🌏 fiat liquidity debt cycles
quoting nevent1q…fk59This 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.