Bitcoin, the US Dollar, and the Money Supply

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raul
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The price of Bitcoin continues shooting upwards, while the US Dollar remains fairly deflated. Will DXY put up a fight at its local bottom from 2018? Or is it trending lower as the money supply, M2, continues to skyrocket? We talk about how this is obviously the narrative that makes the most sense, but let us also consider all possibilities and the implications of those possibilities on Bitcoin. Do you think the US Dollar will recover in the short-term, leading to a Bitcoin sell-off? Or is Bitcoin going to continue to climb as the US dollar continues to plummet? Let me know in the comments below!

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