What I'm watching... 👀
An ongoing positive divergence between the price of bitcoin (red line) and global M2 money supply (green line) since June 26, 2024.
This is likely to (eventually) resolve with a price movement to the upside.
The longer it persists, the more likely it is to move further and higher to the upside when it eventually resolves.
In all seriousness... you love to see it.
https://m.primal.net/KEbg.png
We’ll see if you are right.
Stack stack stack... before to long the price will have gone up.
I hope it persists well into 2025. The pump will be epic. Melting faces etc.
nostr only is the way 🧡 🧡 🧡 🫡
Is m2 coming from America, over seas, or just a large combination?
chart says global m2
Right, but who is increasing supply? Like if it’s China that may mean other things vs America
i see what you mean, would have to look at individual charts
Is this a result of price manipulation via paper trading?
The longer the base, the higher the breakout.
Interesting. Do you have this chart going back several years? Has it previously behaved like this prior to the Bull run? Thanks!
Jeff any interest in doing an AMA on @SN at some point?
Possibly.
But my schedule is really tight over the next several weeks.
Maybe in mid-September or later?
Thanks for the reply.
Sounds good. @Ben Wehrman 🎙⚡️🥩 runs the AMA territory. Looping him in here. I am sure he can accommodate any date/time that works for you.
We're scheduling out well into the future, so late-Sept. is great!
Just sent you a DM so we can lock this in 🔒⚡️
Thx for motivating me to use Nostr again 😅
Same. Primal really is a good experience
Your post stating your moving your macro thoughts over to Nostr from X, will bring me to this app daily. I appreciate your insights/perspective that much. Thanks for sharing your thoughts to the plebs.
Bull crab crawling to conclusion
Nice. Haven't been on Nostr for awhile, thanks for the encouragement.
Bitcoin is gonna soak up that liquidity like a giant black hole sponge. Hold on to your butts folks.
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