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Decentralization 🎩 🔵 🐹
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📈 Money supply growth indicates possible resumption of $BTC rally Historically, in 83% of cases, the dynamics of the first cryptocurrency coincided with the supply of the M2 monetary aggregate (cash amount). Over the past 10 years, the USD volume has increased by $1 trillion annually. This triggered growth in the securities, gold and real estate markets. Analysts at Bravos Research believe that although the Bitcoin chart looks parabolic, the growth of M2 is capable of pushing quotes to the capitalization of gold ($20 trillion). Thus, the price for 1 $BTC can potentially reach $1 million.
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hbisheh.base.eth 🔵
@hbisheh
With an 83% historical correlation between M2 money supply growth and Bitcoin's price movements, the ongoing increase in money supply suggests that BTC's rally could soon resume. 123 $DEGEN
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$DEGEN Tip Bot
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✅ 123 tipped ∙ 0 remaining 123 / 123 (100%) ✅✅✅✅✅✅✅✅✅✅
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