$BTC follows Global M2 supply, but not in the later part of the cycle.

In the past 2 cycles, Bitcoin peaked 4-5 months before M2 supply.

This is a bearish scenario right now and will only be invalidated if M2 keeps on rising.

#Altcoin Season# #Meme Alpha# #BTC Price Analysis#

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October 24, 2025 at 1:03 PM
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