M2 money supply is expanding at a much slower pace, which explains the lack of #liquidity in the market
That is why #BTC has not reached $200K in 2025 and why an #Altseason has not appeared.
During Trump’s previous term, money supply surged due to #Covid stimulus, but repeating such expansion in 2027–2028 is questionable given Fed rate constraints and rising US debt.
At the same time, $BTC production cost has dropped to around $47.5K, a level that often coincides with crypto market bottoms
Buy and Trade $BTC here

BTC
74,693.06
-1.07%
