Bitcoin: Accounting For The Money Supply

When accounting for the money supply, M2, Bitcoin has not yet put in a new all-time-high. Perhaps this could help explain why Bitcoin has not been moving quite as much as it usually does after breaking the prior all-time-high. The parabolic rally may not begin until a new all-time-high is achieved by Bitcoin, when accounting for the money supply. TA Video by Benjamin Cowen.

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