Bitcoin Bounces Back Strong After Sudden Crash
Bitcoin is showing signs of strength once again after a sharp dip to $74,000 earlier this week. Although it looked like more downside was ahead, bulls stepped in fast, pushing BTC back toward the $80,000 level.
But beyond the bounce, a fascinating financial signal may be hinting at something even bigger in the weeks ahead.
Global M2 Money Supply: Bitcoinâs Secret Playbook?
Crypto analyst Colin has spotted a strong connection between Bitcoinâs price movements and the Global M2 Money Supply â a global liquidity measure. According to him, Bitcoin has been mirroring M2âs pattern with a 108-day delay since August 2024, showing eerily accurate results.
From mini rallies to sharp dips, Bitcoin has danced in step with this M2 pattern. And now? The next move could be a major rally starting in May.
Bitcoinâs May âBlast Offâ â A Rally Toward $128K?
If Colinâs M2-based forecast continues to play out, Bitcoin could be on the edge of a serious breakout â potentially shooting up toward $128,000 in May.
He does caution that some sideways action or minor pullbacks might still play out through April, but overall, the trend looks bullish moving into next month.
What Does This Mean For Altcoins?
Historically, altcoins like Ethereum, Solana, Avalanche, and meme coins tend to follow Bitcoin's lead â just with more volatility. If Bitcoin enters a âblast-offâ rally in May, expect altcoins to follow with even stronger percentage gains.
Ethereum (ETH) could reclaim key levels above $4,000 as investor confidence surges.
Solana (SOL), already seeing strong adoption, might test new highs.
Meme coins like Dogecoin and Shiba Inu could see explosive short-term rallies as retail traders pile in.
Layer 2 tokens and DeFi coins could also benefit from increased liquidity and trading activity.
If the Global M2 signal is as accurate for altcoins as it is for Bitcoin, the entire crypto market may be on the edge of a bullish wave.
Short-Term Risks Remain â But May Is The Month To Watch
While the long-term picture looks bright, short-term turbulence canât be ruled out. Policy uncertainty like Trumpâs tariff proposals may impact global markets and cause short-lived volatility.
Still, the strength of the M2 signal and Bitcoinâs recovery from recent lows have crypto bulls focused on what could be a defining month for crypto in 2025.
Conclusion:
Bitcoinâs price action is no longer just about crypto charts â itâs closely tied to global financial trends. With the Global M2 Money Supply acting as a potential roadmap, May could mark the beginning of a major rally not just for BTC, but for the entire altcoin market.
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