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A recent analysis comparing Bitcoin price movement with global M2 money supply added another data point to the growing discussion of the bullish stage ahead of cryptocurrency. Colin, a crypto analyst known as “The M2 Guy” on social media platform X, recently shared an update suggesting that Bitcoin is on a critical upward crisis, and that the expected timeline could be. Continue to test your patience Bitcoin trader.
Bitcoin’s reception rally could reflect the explosive growth of the M2
Colin, a crypto analyst known in X as “The M2 Guy,” continues to build his case around a correlation between Bitcoin and macro liquidity trends. His outlook for Bitcoin, which is currently bullish, is based About offset correlation Between cryptocurrency price action and global M2 money supply on daily candlestick charts.
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In previous analysis, analysts focused on Bitcoin price action on daily candlestick charts There is the best correlation 70 and 107 days offset. The latest update from analysts focuses on 107 days of offset, which he calls “the most likely scenario.”
An analysis of Bitcoin’s 107-day offset using Global M2 Money Supply shows that Bitcoin is about to surge. However, this isn’t just about the spikes of the day. Choline could last for two months, based on a rapid vertical trend in global M2 supply.
In terms of timing, the 107-day offset suggests that the explosive spikes are expected to begin around April 30th. Strong mathematical correlation. As the M2 line continues to surge upward, the rally could last longer.
Focus on the macros, not just on the day
April 30th is the focus of his prediction, but Colin asked his followers not to be overly pinned to the exact date. “Don’t get caught up in weeds,” he advised. The bigger story is more important and reflected in the rising global M2 level, which should ripen the environment for Bitcoin and other crypto assets to benefit from increased liquidity.
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Regarding price targets, the current trajectory of Global M2 Money Supply refers to gatherings over $140,000. However, an interesting prediction is on the price of Bitcoin Possibility of doubled By the end of 2025.
At the time of writing, Bitcoin has spent the last 24 hours trading for $84,310 Trades in scope $83,700 to $84,300. Based on this analysis of correlation with global M2 money, bullish Bitcoin investors may need to wait at least a month before a significant move.
This delay can pose challenges for short-term traders, depending on positioning and risk tolerance. Meanwhile, it is for long-term holders. Accumulate more bitcoin At the current low price before the expected rally.
Unsplash featured images, charts on tradingView.com
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