According to @Andre_Dragosch, BTC is cointegrated with global money supply, implying a structural linkage between Bitcoin price and liquidity growth, source: @Andre_Dragosch on X, Nov 4, 2025. He states that the larger the deviation between BTC and global money supply, the fiercer the subsequent mean reversion or catch-up toward money supply, source: @Andre_Dragosch on X, Nov 4, 2025. For trading, this view supports monitoring the BTC versus global money supply spread as a mean reversion signal and managing position size for elevated volatility during catch-ups, source: @Andre_Dragosch on X, Nov 4, 2025.