Money Supply: Hits $103.66 Trillion Record High
Global money supply reaches $103.66 trillion ATH after Fed, ECB, Bank of Japan and PBOC added $1 trillion in August, the tenth straight monthly rise, lifting Bitcoin.
SourceAnalysis
Global money supply reached a fresh all-time high of $103.66 trillion as the Fed, ECB, Bank of Japan and PBOC printed another $1 trillion in August, marking the tenth consecutive monthly increase.
BTC sits at $84469.77 inside its Bollinger Bands with upper resistance at $84915.07; the neutral RSI at 52.38 and MACD death cross point to a probable retracement toward the EMA50 support at $83544.64 before any sustained advance, shaping near-term BTC price prediction scenarios amid the liquidity wave.
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