Technical analysis by Lachlan_AK about Symbol BTC: Buy recommendation (5/2/2025)
https://sahmeto.com/message/3471333
Lachlan_AK
Rank: 27620
Bitcoin M2 (GLI Proxy) Correlation
Buy
Price at Publish Time:
$97,048.26
Profit Target:
(+3.04%)$100,000
Stop Loss Price:
(-2.11%)$95,000
This chart illustrates Bitcoin’s strong correlation with M2, often used as a proxy for global liquidity. The relationship typically exhibits a lag of approximately 86 days.
Source Message: TradingView