Analysts are predicting a significant Bitcoin (BTC) price surge, potentially reaching $170,000, driven by the global M2 money supply reaching record highs. Cointelegraph reports a correlation between Bitcoin's price and the M2 money supply, which currently sits at $55.48 trillion. The theory suggests that as the M2 supply increases, so does the demand for risk assets like Bitcoin. Historically, Bitcoin has lagged behind the M2 increase by approximately 36 months. However, when Bitcoin surpassed $10,000 in April, its trajectory mirrored the M2 supply with a much shorter lag of only 12 weeks. This analysis offers an optimistic outlook for Bitcoin investors. However, it's crucial to remember that market predictions are never guaranteed, and various factors can influence cryptocurrency prices. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions. ```

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