🌊 $BTC GLOBAL M2 IS FLASHING A NEW BITCOIN CYCLE SIGNAL Global liquidity has repeatedly followed a remarkably similar three phase structure: Phase 1 injection at the end of a bear market, Phase 2 during the mid cycle expansion, and Phase 3 during the final parabolic phase. The current liquidity structure is now transitioning away from the late cycle Phase 3 that peaked around late 2025, with the latest drawdown suggesting the market is entering another Phase 1 environment. The key signal is the Global Cash Inflow oscillator. Historically, major Bitcoin accumulation and recovery phases began after liquidity fell toward the lower zone and then started expanding again. The 2015, 2019 and 2022 bottoms show a recurring pattern where liquidity recovery preceded much stronger upside in the following months. What makes the current setup interesting is that the oscillator has already experienced a sharp decline from the 2025 Phase 3 extreme, while price has remained relatively elevated instead of collapsing with liquidity. If global M2 begins another sustained expansion from here, Bitcoin could be positioned for the same transition previously seen before major mid cycle advances. The roadmap is clear: Phase 1 = liquidity recovery, Phase 2 = mid cycle expansion, Phase 3 = final acceleration. If this historical rhythm remains relevant, the next major liquidity expansion could become the catalyst for another powerful BTC leg, potentially turning the current consolidation into the early stage of a much larger move. #BTC Price Analysis# #Macro Insights#