We usually discuss the price of Bitcoin just denominated in its USD valuation. But let us also take a look back at the price of Bitcoin divided by the money supply. With governments printing trillions, it might make sense to account for that in the model. While BTC is up about 3x from the prior ATH, it is actually only up just over 2x when accounting for the money supply. Pretty big difference, but hey, what's a few trillion among friends? TA Video by Benjamin Cowen.
