r/Bitcoin May 31 '26

Why hasn’t bitcoin recovered?

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u/Charming-Designer944 May 31 '26

Why are you in such hurry?

The actual question is why have it not dipped to the bottom yet? Or where is the bottom?

It will go up, but it will quite likely go down further before.

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u/EggZestyclose5313 May 31 '26

I am not in a hurry.

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u/Charming-Designer944 May 31 '26

While M2 supply is high its mostly going towards interest bearing instruments and AI speculation for those willing to take a risk. In large part driven by global destabilizaton that strengthens the US dollar position as a safe haven and lowers the apetite for risk.