News with the tag "M2 Money Supply"

According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Bitcoin (BTC) is beginning to show signs of a trend reversal after weeks of downward movement. Notably, BTC surged past $100,000 yesterday for the first time since February 3. Bitcoin On The Verge Of Trend Reversal? At the ...

As Bitcoin (BTC) continues to trade in the low $80,000 range, a key macroeconomic development promises to benefit the leading cryptocurrency. If historical patterns hold true, then BTC may not be too far from another massive price rally. Rise In M2 Money Supply To Benefit Bitcoin? According to an X ...

Bitcoin Magazine How Global Liquidity Fuels Bitcoin Price Growth Bitcoin price fluctuations are frequently evaluated using on-chain metrics, technical indicators, and macroeconomic trends. However, one of the most underappreciated yet significant factors in Bitcoin’s price action is Global Liquidity...

Macro guru and Real Vision chief executive Raoul Pal says that Bitcoin ( BTC ) is mirroring the same pattern seen about nine years ago before igniting a parabolic surge. In a new thread on the social media platform X, the ex-Goldman Sachs executive says that market conditions are lining up in a way ...

Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin's price higher.

Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.

According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’ In a recent client note, analysts at JPMorgan suggested that a Trump win might provide ‘additional ...

The two largest cryptocurrency assets, Bitcoin and Ethereum are witnessing a notable shift in the behavior and confidence of investor as indicated by a negative trend in their network activity, leading to sluggish performances in the past months. Active Addresses In Bitcoin And Ethereum Nosedives In...

Bitcoin is back to red at press time, looking at the performance in the daily chart. After the close of the unexpectedly bullish September bar, the coin started on a weaker footing in October, dropping nearly 5% from the $65,000 and $66,000 resistance zone. Will Bitcoin Follow Global M2 Money Supply...

Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500.