China M2: new all-time high.
US M2: new all-time high.
Japan M2: new all-time high.
Eurozone M2: new all-time high.
Meanwhile, $BTC is still ~30% below its ATH.
BTCUSDT
Perpetuu
87,958.8
+0.13%
Historically, Bitcoin doesn’t front-run liquidity it lags it. Excess money first flows into bonds, equities, and risk-on trades, before finally expressing itself in scarce assets.
This isn’t a weakness. It’s a setup. When global liquidity expands and confidence rotates from paper promises to hard scarcity, Bitcoin tends to reprice violently, not gradually.
XAUUSDT
Perpetuu
4,381.51
-2.05%
The question isn’t if Bitcoin catches up. It’s when the liquidity finally looks for something it can’t be printed. What’s your view is $BTC late… or simply loading?
#USGDPUpdate #FedOfficialsSpeak #USBitcoinReservesSurge $XAU
