emexelem

BTC Vs Money supply testing a previous support

BTCUSD divided by M2 money supply is testing the same level as in summer 2021, and the 0.382 level of the Fib channel that started back in 2017.
The same setup is visible on BTCUSD vs Gold.

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.