Business Cycle · M2
Global M2 money supply growth vs Bitcoin price — identify macro reversals
M2 YoY % vs Bitcoin Price· weekly
Move cursor over chart to inspect values • Green zones = expansion • Red zones = contraction
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RSIMACDEMAADXVOL
How to read this chart
Expansion (M2 YoY > +5%)Liquidity is expanding. Historically BTC rallies 6–12 weeks after M2 turns positive.
Neutral (0–5%)Transition zone. Watch the direction of the trend — expanding or contracting.
Contraction (M2 YoY < 0%)Liquidity tightening. 2022 BTC crash aligned with M2 going negative. High caution.
Data: FRED WM2NS (US M2 weekly, billions USD) • Bitcoin: Kraken weekly OHLC • M2 YoY = 52-week change