Is Bitcoin Set for a 460% Surge? This Rare Signal Says Yes! 🚀💰

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So, the Global Money Supply has just hit a rare yearly growth rate of 9%. You might be wondering, what does this mean for Bitcoin? Well, let’s dive into the fascinating world of fiat and crypto, shall we? 🌍💰

Global Money Supply: The Great Flood of Fiat

In a recent post on X, Charles Edwards, the founder of Capriole Investments, shared some eye-opening insights about the latest trend in the Global Money Supply. For those not in the know, the “Global Money Supply” is a fancy term for the total amount of fiat money (priced in US Dollars) that the world’s top countries have decided to print and distribute. 📈💸

Here’s the chart Edwards shared, showing the year-on-year growth in this metric:

As you can see, the metric has been on the rise, indicating that central banks are, in Edwards’ words, “flooding the market with fiat money.” The current growth rate stands at a whopping 9%, which is, according to Edwards, “extreme and rare.” 🚀

But here’s the kicker: every time this metric has surged to this level in the past, Bitcoin has experienced significant bull rallies over the next twelve months. For instance, the August 2017 signal led to a 663% surge, the November 2017 one to a 136% increase, and the June 2020 one to a 580% rally. On average, that’s a 460% gain. 🤯

So, if history is any guide, the current rise in the Global Money Supply could be a bullish sign for Bitcoin. But, of course, we’ll have to wait and see if the pattern holds. 🤞

On a related note, the Bitcoin network recently saw its largest ever movement of coins older than ten years, as pointed out by Julio Moreno, Head of Research at CryptoQuant. This massive spike involved the movement of around 81,000 BTC, worth a staggering $8.8 billion. Generally, old coins move when they’re being sold, so this could be a sign of profit-taking. 🤑

Interestingly, despite this massive movement, the Apparent Demand indicator for Bitcoin remains positive. This metric, which compares Bitcoin’s production (mining issuance) against its inventory (supply inactive over 1 year), suggests that demand is still strong. “Despite 80,000 BTC moving, Bitcoin’s Apparent Demand is still bullish,” says Edwards. 📊

Bitcoin Price: Steady as She Goes

At the time of writing, Bitcoin is trading around $108,400, up 0.7% over the last week. Not a bad week, considering the rollercoaster we’ve been on. 🎢

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2025-07-08 04:18