BTC / M2 Global Liquidity (Offset 78 days)
History did repeat and the standout Shooting Star has again led to significant dump action as it .
And the fact that this is happening while stock indexes are wobbling while Trump unleashes more tariffs – should be a cause for concern.
But to lighten moods, I have added M2 Global Liquidity.
To remind, there has been incredible correlation and I have circled a few instances.
Also notice there is quite a flat area in M2 – it looks somewhat similar to the flat area that Bitcoin just slumped from.
Then notice that M2 had a small slump then carries on up until what looks like some sort of blow off phase in September – then corrective action; perhaps a 3 wave correction (before continuing on up).
So obviously this area is very dangerous but there might just be a silver lining 🤔
That said, now that indexes have wobbled, this area is certainly dangerous and we could yet see another wave down in tandem with stock indexes as we did in January.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
