So in this chart the only thing I did was take the normal BTCUSD chart, compare it to money supply WM2NS. Then I divided the previous cycle top price for the corresponding value on BTCUSD/WM2NS, and got the value 13946.65. Then I created the chart you see, BTCUSD/WM2MS*13946.65 in order to get a price instead of a weird value, and applied the indicator "bitcoin logarithmic growth curves and zones".
What you can see is that, ajusted to the money supply, we would be starting the bullrun now. Hope you liked it!
What you can see is that, ajusted to the money supply, we would be starting the bullrun now. Hope you liked it!