BTC vs M1 Money Supply (Orange) for BITSTAMP:BTCUSD by Brodie

Supply and Demand Beyond Technical Analysis

Chart shows BTC (chart - LOG) divided by the FED M1 Money Supply (Orange linear). Will a recession result in increases in M1 and BTC falling that will cause us to revisit the DEMAND zone in Green, similar to April 2020?
* Grey Bars show US Recessions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.