Bill Barhydt, the founder and chief executive of crypto-banking platform Abra, set Crypto-X alight over the weekend by reposting a collage of global M2-versus-Bitcoin charts first popularised by macro investor Raoul Pal and researcher Julien Bittel. “I’ve seen over a dozen posts with different versions of the global liquidity M2 vs Bitcoin price chart – I’ve attached several here. Credit @RaoulGMI and his colleague @BittelJulien for discovering the trend,” he wrote.
“Most of these charts predict a dip over the coming days to around $100 k and then a move to new ATH of $130 k in August/September … Or this could all be horseshit. Whatever.”
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