The chart below represents the M2 Money Supply / BTCUSD correlation with an 84-day delay. You can see that the M2 Money Supply has formed a double top (with a lower high) in late September. The price of bitcoin tops out 525–532 days after the halving in every cycle. What does this mean? In my opinion, bitcoin will continue to follow the direction of M2 in a highly correlated manner. This would mean that BTC's top is only 2 months away. What price will bitcoin top? That I'm not entirely sure of yet. The M2 / BTC correlation can be placed in a plethora of different scales. However, it currently looks like the top will be BELOW $200,000. I hope to be proven wrong, but as of right now, bitcoin is following previous cycles perfectly (excluding the fact that we created a new ATH prior the halving, this was because of ETFs). Given diminishing returns (and assuming that "supercycle" is not reached), $135,000 - $190,000 top in late September makes sense.