đ Bitcoin Eyes New Highs as M2 Supply Hits Record Levels
đ As of July 2, Bitcoin (BTC) is trading at $108,434, up 2.37% in the last 24 hours â now just 3.13% below its all-time high.
đ Whatâs fueling the optimism?
đ Global M2 money supply just hit a fresh all-time high, raising eyebrows across markets.
đ A bull flag pattern is emerging on charts, suggesting BTC could soon rally toward $119,000.
đĄ Why this matters:
âïž M2 growth often correlates with asset price inflation
âïž Traders see $BTC as a hedge against fiat debasement
âïž Bitcoinâs price action is increasingly macro-driven
đ If $BTC were to catch up with M2 expansion again â we might just be at the start of another breakout.
#Bitcoin #CryptoMarkets #M2Supply #MacroTrends #DeFi
https://coingape.com/markets/bitcoin-price-prediction-if-btc-catches-up-with-m2-supply-again/?utm_source=bnb&utm_medium=coingape
