Bitcoin Price: Record $125 Trillion Money Supply Fails To Lift BTC As November Signal Draws Near

Global M2 has hit a record near $125 trillion—about 7% higher than a year ago—but Bitcoin isn’t rising in tandem, with BTC stuck in a pullback for nearly four weeks. The article summarizes research testing whether record money supply levels matter for price, concluding that the direction of money growth is more relevant than the headline total. When growth accelerated, BTC was higher about 70% of the time three months later, with a median gain near 20%; when growth slowed, BTC rose only 4 times in 10. This year’s signal is mixed: positive from November to March, then negative ahead of early-July lows, and turned positive again in mid-August. It notes annual money growth has eased from ~8% to 7%, and projects the signal could turn negative around mid-November, while highlighting near-term levels.