Oh joy, the money supply is expanding, and you know what that means… or do you? 🤑 Apparently, when central banks print more dosh, it’s like a big game of financial Jenga – it all might just end up in high-risk assets like crypto. And, of course, Bitcoin is the ultimate thrill ride.
Crypto YouTuber Lark Davis is practically bouncing with excitement, predicting a “parabolic move” (whatever that means – sounds like something you’d do on a pogo stick 🤹) that could propel Bitcoin to a whopping $250,000 in the next few months. Steady on, Lark, old chap!
Global M2 is hitting new ATHs.
Bitcoin is lining up with the 100-day offset of the M2 money supply.
Are you ready for Bitcoin’s parabolic move?
— Lark Davis (@TheCryptoLark) July 7, 2025
But wait, there’s more! Global Markets Investor is also getting in on the action, noting that the US money supply is “re-surging” (because who doesn’t love a good resurgence? 🌟). It’s up 4.5% year-over-year in May, which is a record $21.94 trillion. Blimey, that’s a lot of cash!
US money supply is re-surging:
US M2 money supply jumped 4.5% year-over-year in May, to a record $21.94 TRILLION.
This has now surpassed the March 2022 record of $21.86 trillion
For perspective, the 2000-2025 annual growth rate has been 6.3%.
— Global Markets Investor (@GlobalMktObserv) July 8, 2025
Now, before we all get too carried away, let’s take a deep breath and remember that correlation does not necessarily imply causation. Protos rather helpfully pointed out that the relationship between M2 money and Bitcoin prices is a bit of a myth. Who knew? 🤔
BITCOIN-M2 CORRELATION DEBUNKED
Technical analysts are convinced $BTC strongly correlates with M2 money supply.
Charts look compelling until you change one simple setting: the zoom.
What looks like perfect correlation from 2021 falls apart when you zoom out to 2019
— Protos (@Protos) July 7, 2025
So, will Bitcoin go bonkers? Who knows? But one thing’s for sure – it’s going to be a wild ride! 🎢 Buckle up, folks!
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2025-07-08 09:54