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The Grill Sergeant
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Raoul Pal chart One of the best arguments that a BTC bull run will continue. What this chart shows is the M2 money supply (black) vs. BTC price. The M2 money supply has a 10 week lead time. As you can see, the price of BTC follows the money supply VERY closely on a 10 week delay. The money supply has been on a run up the last 10 weeks. There is still a possibility that something breaks economically, sending prices lower. This would also likely mark M2 popping off to 'fix' whatever breaks. Think Covid.
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