Bitcoin (BTC) Heading Toward $150,000?
Crypto analysts predict that Bitcoin (BTC) may be poised for a significant upward movement as global liquidity increases.
Some experts estimate that this top cryptocurrency has the potential to set a new all-time high (ATH) in the near to medium term.
According to the latest post on the X platform by crypto analyst Jelle, Bitcoin (BTC) appears to be following the trend of rising global liquidity.
The analyst shared a chart showing that BTC is on track to reach a new all-time high (ATH) of $150,000 in the coming months.
A similar view was also expressed by another crypto analyst known as Master of Crypto. He provided a more in-depth explanation of how BTC's movements align with the dynamics of global money supply M2.
For your information, the global M2 money supply includes the total amount of money in circulation—including cash, demand deposits, and financial instruments that can be easily converted into cash—circulating in various major economies around the world.
This indicator is often used to measure global liquidity levels, where an increase typically supports rising asset prices, including cryptocurrencies such as Bitcoin.
Master of Crypto shared a chart comparing BTC prices with the movement of the global M2 money supply, using a 76-day time lag.
He noted that this time-shifted approach historically provides more accurate long-term signals and shows a 76% correlation with Bitcoin prices.
Komentar
Posting Komentar