China Increases Liquidity as Global M2 Supply Expands
The People's Bank of China (PBOC) has injected 1.5 trillion yuan into the economy this week through reverse repo operations — a significant move in ongoing efforts to boost liquidity.
A key driver behind this is the weakening U.S. Dollar Index (DXY), which provides other nations more flexibility to expand monetary supply without immediate concerns over currency devaluation.
As global M2 money supply reaches new highs, this macro environment sets the stage for a potentially significant upside in Bitcoin.
A $130K–$140K $BTC in Q3 is becoming increasingly realistic.
