
Caleb Franzen|Sep 16, 2025 12:00
M2 vs. BTC.
This is my model for Global M2, combining the dollar-adjusted M2 in the United States, Japan, Canada, the EU, & the UK.
I don't use China/India.
Overlayed with Bitcoin's market cap, we don't need lags to identify a correlation.
All I see is an uptrend & new highs. (Caleb Franzen)
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