Bitcoin vs Fiat Money: Catch Your Trading Wave

The global M2 money supply* is on track to reach a record $140 trillion. In just six months, it has surged by $8 trillion. Investors are increasingly losing confidence in fiat currencies as governments continue to print money without restraint. Global M2 refers to the total money supply of various economies converted into USD and provides an assessment of global liquidity. The world is becoming more aware of the fiat money “madness” and is turning to Bitcoin as a form of digital insurance against fiat devaluation. We don’t abandon fiat currencies – we’re just highlighting the opportunity to profit from a highly volatile instrument, trading wisely. Potential trading opportunities Here are possible scenarios for the next few hours (given H1 timeframe focus): Technically, BTC consolidates within the $106,600–$112,000 range. The RSI Index and MACD are both in positive territory.  Bitcoin could resume upside at the moment, attempting towards the $112,000 resistanceю Entry trigger at this point: Hourly close above $109,000  with S/L then below $106,600. Trade BTC with Headway Discover the latest Headway updates on Telegram, Facebook, and Instagram.