governments have printed money at unprecedented rates worldwide over the last year. If there were ever a time for BTC to be going parabolic, it would ha

governments have printed money at unprecedented rates worldwide over the last year. If there were ever a time for BTC to be going parabolic, it would have been over the last year. What happened? It went down by half. It makes sense to look at it on a chart. Here is the money supply vs the Bitcoin price: https://twitter.com/JonathanBeuys/status/1529091761460727810 https://twitter.com/JonathanBeuys/status/1529091761460727810 First of all, the government did not start printing at unprecedented rates last year. It started that in 2008. Second, monetary policy decisions do not impact asset prices in a linear way. And also not in a real time fashion. When I look at the chart, all I see is that both - the money supply and the price of Bitcoin - went up over time.