Closely followed analyst Lyn Alden says one macroeconomic factor could signal the end of Bitcoin’s (BTC) bear market.
In a new interview with market analyst Alessio Rastani, Alden says that Bitcoin’s performance is tightly correlated with the expansion or deceleration of global money supply (M2).
M2 money supply roughly refers to the total amount of currency in circulation, plus near money, or highly liquid non-cash assets that can be easily converted to cash.
“When global…
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