Technical analysis by marshyyy about Symbol BTC: Buy recommendation (10/3/2024)

M2 Money supply Vs BTC Heres the M2 money supply plotted against BTC. As you can see, as US liquidity increases, risk on assets such as BTC increase due to increased liquidity going into risk on assets and markets. M2 Money supply starting to increase again here and curve up after 942 days of sideways/correctionary movement. As M2 supply increases, im anticipating BTC to continue to push into new ATHs with the altcoin market.