Michael on Nostr: #Bitcoin has tracked global #M2 with a ~70-day lag since September 2023. I don't want ...
#Bitcoin has tracked global #M2 with a ~70-day lag since September 2023.
I don't want to alarm anyone, but if it continues, #bitcoin could be in for a 20-25% correction.
Global M2 in ⚪️
Bitcoin in 🟠
Credits to @JoeConsorti on X
Published at
2024-11-26 08:57:47Event JSON
{
"id": "946019f30689fea90833ba52f76cc5584729e95a4aac4618470cb7aa5961c3c6",
"pubkey": "fc9e8648c969c82c5f251eb59af14f3089d5ed0f7392dd7b5d2d9a94ee5c9cbd",
"created_at": 1732611467,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"m2"
],
[
"client",
"noStrudel",
"31990:266815e0c9210dfa324c6cba3573b14bee49da4209a9456f9484e5106cd408a5:1686066542546"
]
],
"content": "#Bitcoin has tracked global #M2 with a ~70-day lag since September 2023.\n\nI don't want to alarm anyone, but if it continues, #bitcoin could be in for a 20-25% correction.\n\nGlobal M2 in ⚪️\nBitcoin in 🟠\n\nhttps://www.bitbubblex.com/uploads_qsa67WW2_Ju12_55gddG34/04d1b0c20143d57a8ed10cea7147dfe9.jpg\n\nCredits to @JoeConsorti on X",
"sig": "b0e5b85171922aad00f6ca55e040afd3f991ab4df0f1e99a7427b016a95f5897187007e087773427c401a3cf7cd7b902c36d40bab01d863fe8c0adaf09959287"
}