Honestly, it's pretty funny. It's almost 2026 and there are still people trying to predict BTC's price movements using US M2 or global money supply. Personally, I'm optimistic about Bitcoin's future performance, but this has little to no causal relationship with M2.

It's important to understand that M2 mainly reflects the size of deposits and credit expansion within the traditional banking system, while Bitcoin's pricing logic is based on a completely different narrative—it’s driven more by on-chain data, market sentiment, and institutional allocation demand. Forcing macro monetary indicators onto a decentralized asset reveals a fundamental flaw in the analytical framework itself.