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According to DR. Ross #bitcoim is acting rationally do to 🤡🌍🌎🌏 fiat liquidity debt cycles
This is just an expected drawdown related to global M2 declining from late September 2024 through mid-January 2025. M2 has since been moving higher (primarily because of a weakening US dollar).
With an expected 8-12 week delay, I expect bitcoin to start rising again in earnest in the coming 1-5 wee
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