"The correlation between Bitcoin price and global M2 liquidity often exceeds 84%, showcasing that increased liquidity typically leads to price increases with a 56-60 day delay."
"Crosby emphasizes that there is an incubation period of about two months during which liquidity filters through the financial system before affecting Bitcoin prices."
Recent analyses by Matt Crosby reveal a strong correlation, exceeding 84%, between Bitcoinâs price and global M2 money supply. This relationship indicates that as liquidity increases globally, Bitcoin tends to surge in price, albeit approximately 56-60 days later. After a rebound from a low of $75,000 to above $85,000, Crosby's insights validate these trends, suggesting a clear macroeconomic context influencing Bitcoin's value. Understanding the two-month incubation period for liquidity impacts is essential for predicting Bitcoin trends going forward.
Read at Bitcoin Magazine
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