This chart is an update on the Global M2 against the price of Bitcoin. It appears that, in line with previous outlooks, Bitcoin has experienced an increase in accordance with the movements of Global M2, and is projected to continue rising in the next 2–3 months.
Both have a high correlation, as when Global M2 (the amount of money in circulation globally) increases, the demand for Bitcoin also rises, thereby pushing prices higher.
Conclusion: Currently, we have a fairly strong upside bias for Bitcoin, so we can anticipate that the price of Bitcoin will at least test the ATH level again in the next 3 months. #M2 #AltcoinSeasonComing #AltcoinSeasonLoading
[Bitcoin Surpasses Amazon to Become the 5th Largest Asset, Market Cap Reaches US$2 Trillion]
Bitcoin is now the 5th largest asset in the world, surpassing Amazon and Google, with a market capitalization reaching US$2.04 trillion as of May 9, 2025. This surge is driven by a price rally that pushed BTC past the psychological level of $100,000.
Market sentiment is further strengthened by the potential US-UK trade deal and the US-China strategic meeting this week. $BTC #NewsAboutCrypto #BTCtrade
$BTC Next scenario with Gap analysis technique BTC1! (CME futures contract) There is an empty gap in the area of $93k - $91k that needs to be filled before continuing the increase, which means $BTC has the potential to correct to the FVG support of $89k #DYOR
it feels like at the gocek market when I place 81,500 it doesn't stick and immediately drops to 80k, then when I place 81,300 it goes straight up to 82k, what the heck 😌 $BTC and the short TP also isn't picked up, it's so annoying 😐
for buyers we want to see a 99500 breakout to confirm price recovery if not, then price might give us another price drop down to unfilled gaps for macro POV.
for short term pov we might expect short term retracement with a potential price respect to our last low on daily time frame.
for now market is bullish let's stick to it , Just play it cautiously since trendline is still respected by the price.