OPEN-SOURCE SCRIPT

Global M2 YoY % Increase signal

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The script produces a signal each time the global M2 increases more than 2.5%. This usually coincides with bitcoin prices pumps, except when it is late in the business cycle or the bitcoin price / halving cycle.

It leverages dylanleclair Global M2 YoY % change, with several modifications:
  • adding a 10 week lead at the YoY Change plot for better visibility, so that the bitcoin pump moreless coincides with the YoY change.
  • signal increases > 2.5 in Global M2 at the point at which they occur with a green triangle up.

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