Monetary Policy
The year-over-year growth RATE of global and US M2 money supply against Bitcoin price. The rate of change often leads turning points better than the level: accelerating money-supply growth means liquidity is expanding (historically bullish for risk assets), while a fall below zero (rare, as in 2022-23 US) signals contracting liquidity. Watch the global line cross the zero threshold.
Read the units and reporting frequency before comparing periods. A level, a month-to-month change, and a year-over-year change answer different questions. Compare related economic indicators over the same dates.
Economic releases can be revised. Publication dates and the periods being measured may differ, and historical relationships do not establish cause and effect.
The year-over-year growth RATE of global and US M2 money supply against Bitcoin price. The rate of change often leads turning points better than the level: accelerating money-supply growth means liquidity is expanding (historically bullish for risk assets), while a fall below zero (rare, as in 2022-23 US) signals contracting liquidity. Watch the global line cross the zero threshold.
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