Bitcoin is showing an unusual divergence from global M2. Historically, $BTC and global M2 moved together in roughly 83% of 12-month periods. Now, global M2 is at record highs, up 7.2% YoY, while BTC is down nearly 45%. That’s a massive disconnect. A similar divergence in 2021 preceded a 55% BTC crash, followed by a strong recovery. This time, the divergence has lasted much longer. The big question is whether Bitcoin eventually catches up with liquidity or whether this signals a deeper shift in the market. #BTC Price Analysis# #Bitcoin