Bitcoin vs Global M2 In 2025, it was very popular to post charts with Global M2 compared to Bitcoin with some offset. For awhile it worked, and then the trends diverged when Bitcoin's bear market started, and many people had a field day dunking on the comparisons. The truth is that the rhythm was almost a perfect match when offset by 84 days, and still has been through the bear market and to today. Remove the trend, and you can see it moving in unison turn for turn. This is the difference between understanding rhythm and being fooled by price levels. Trends can diverge, but a shared rhythm will persist. The shifted Global M2 has put in a pivot low and is not heading higher. This is aligned with the daily cycle of Bitcoin and the Risk Rhythm bottoming.