Get started
HenriqueCentieiro

BTC and M2 correlation and detecting BTC bull cycles

Long
Bitcoin (BITSTAMP:BTCUSD)  
HenriqueCentieiro  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) bitcoinprice M2 Contains image
1
0
trendanalysis bitcoin bitcoinprice m2 containsimage
Bitcoin is highly correlated with the M2 money supply. Saying this, when the correlation is negative, i.e., periods when BTC is declining but the M2 is increasing, it is usually a good time to accumulate BTC as the price will sooner or later catch up with its long-term correlation with the M2.

Related Ideas

HenriqueCentieiro
In the long term, Bitcoin is a great hedge against inflation.
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.