Analysts Reveal The Chart That Predicts Bitcoin Better Than M2 Ever Did

For years, traders looked to global M2 money supply as a key gauge of liquidity and risk appetite. However, according to on-chain analyst Willy Woo, that era is over. Liquidity is a fundamental driver for risk assets like Bitcoin, creating the capacity for price movement, but psychology determines when that movement happens. DXY Emerges as Leading Bitcoin Macro Indicator, Says Analyst Willy Woo Willy Woo argues that the US Dollar Index (DXY), not global M2, is now the most accurate indicator for Bitcoin’s direction source: https://beincrypto.com/dxy-bitcoin-macro-indicator-willy-woo/