Fun

Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next

News Feed - 2025-06-16 10:06:36

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Bitcoin’s current trading range is all part of a consolidation move before a return above$110,000. Although the leading cryptocurrency has largely held above the $105,000 support zonesin recent days, its rally has taken a hit in the past two weeks. 


Technical analysis of Bitcoin’s price action, when overlapped withthe Global M2 Money Supply metric, shows that it is only a matter of time before it enters into a new all-time high. Global M2 Offset Models Says Something Interesting


According to a detailed post bycrypto analyst Colin, also known as “The M2 Guy,” on the social media platform X, Bitcoin’s price action appears to be tracking the global M2 money supply with a high degree of correlation when the data is offset by 68 to 76 days. Related Reading Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next? 3 days ago


Two separate charts presented by Colin reveal this trend vividly, showing how Bitcoin price movements have followed the trajectory of the Global M2 Money Supplywhen adjusted for time. The short-term 68-day offset chart aligns closely with Bitcoin’s behavior since April 2025, while the 76-day offset chart offers a longer-term view of the relationship.  Source: Colin on X


In both cases, the analyst highlighted that the M2 curve is pointing upward, where Bitcoin has yet to play out, implying a similarly bullish trajectory for its price action. Colin describes this as a form of confluence, noting that when two correlated indicators show the same directional outcome, the probability of that outcome increases. Particularly, the average correlation across both charts is around 76.6 to 76.9%, both of which are very high and lend statistical weight to the prediction. What Does This Mean For Bitcoin Price?


The 68-day offset chart shows Bitcoin trailing the M2 curve with high precision since April, with the highest 89.9% degree of accuracy on the 90-day timeframe. Similarly, the 76-day offset, while less accurate in the short term, displays a strong correlation over longer intervals of 92.2% over one and a half years and 86.2% across two years. These correlation values shows that Bitcoin is increasingly sensitive to global liquidity trends, especially now that its price movement is tied to inflows/outflows surrounding Spot Bitcoin ETFs.  Related Reading Can Bitcoin Price Bounce To $120,000 Or Will It Break Below $100,000? 1 week ago


This relationship becomes even more notable considering the M2 money supply itself has been climbing within a rising channel. If the alignment continues, Bitcoin may soon follow suit, lifting it back above the $110,000 level and breaking above its all-time high. Bitcoin’s price action will be very interesting to follow in the next few days. In Colin’s view, this next move up is not only likely but could happen within days.


If Bitcoin follows this alignment, the projection shows that Bitcoin will continue to move within a channel of higher highs and higher lows before eventually crossing above $150,000in August. At the time of writing, Bitcoin is trading at $106,549, up by 1% in the past 24 hours. BTC trading at $106,976 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com

News Feed

Cointelegraph Markets Pro9 hours agoBitcoin disappoints while Markets Pro delivers 88% gains in 29 hoursCointelegraph Markets Pro hands investors breaking alerts leading to multiple double-digit trades in a “dead” cr
Riot Platforms boosted BTC output by 19% in 2023, mines 6,626 Bitcoin
Ciaran Lyons7 hours agoRiot Platforms boosted BTC output by 19% in 2023, mines 6,626 BitcoinWhile several of Riot Platform’s competitors mined more Bitcoin in 2023, Riot is preparing for 2024’s Bitcoin halving after
An Anime Action Adventure: YOANN․IO Seed Launch on KICK․IO
An Anime Action Adventure: YOANN․IO Seed Launch on KICK․IO press release PRESS RELEASE.Metaverses are here, and they are the next generation of gaming.
Turner Wright3 hours agoCoin Center responds to US lawmakers’ request for crypto tax guidanceThe crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide
Alice Ivey11 hours agoWhat is Twitter’s rate limit, and can you bypass it?Twitter’s rate limit helps maintain system stability and prevent abuse. Bypassing the rate limit is not possible and can result in temporary r
Bitcoin price must end June above $56.5K to defend uptrend — Analysis
William Suberg49 minutes agoBitcoin price must end June above $56.5K to defend uptrend — AnalysisA deluge of potential BTC price volatility triggers is due this week, and Bitcoin market participants are eyeing the mos
Ripple Labs closes Standard Custody acquisition deal
Vince Quill6 hours agoRipple Labs closes Standard Custody acquisition dealJack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.2697 Total
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021 The top two crypto assets have risen significantly in the past s
New Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’
New Crypto Aims to Solve "Zimbabwe"s Money Problems Using Blockchain Technology" The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as text
Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies
Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa"s Top 15 Currencies In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by
Turner Wright7 hours agoHong Kong securities regulator updates crypto policies, citing market developmentsThe notice came more than a month after over a thousand users reported losses from the JPEX crypto exchange.3771 T
Helen Partz14 hours agoTerra.money website frozen to prevent more phishing scamsThe freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attack