Bitcoin: Which Is the Real Force Behind Its Price Moves, According to VanEc

Bitcoin’s long-term price cycles continue to track global liquidity conditions, according to new research highlighted by VanEck. The asset manager reports that more than 50% of Bitcoin’s price movements since 2014 are directly tied to global M2 liquidity trends, a measure of broad money supply across major economies. source: https://www.ethnews.com/bitcoin-which-is-the-real-force-behind-its-price-moves-according-to-vanec/