strong buy
Bitcoin Expected to Hit $150K as M2 Correlation Continues
The correlation between Bitcoin's price movements and global liquidity (M2) persists, indicating that Bitcoin is currently closely following M2 trends. Based on the observed patterns, Bitcoin could potentially reach around $150,000 within the next few months. This pattern has been quite consistent for some time, reinforcing the correlation. Meanwhile, countries and companies continue to acquire Bitcoin actively. For instance, the Swedish company H100 announced the purchase of 4.39 BTC, officially becoming Sweden's first public company to hold Bitcoin as part of its treasury.
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AI Analysis
The ongoing correlation between Bitcoin and M2 money supply indicates that Bitcoin's price is influenced by broader monetary liquidity. Historically, when liquidity expands, assets like Bitcoin tend t...
AI Recommendation
Investors should consider the current trajectory and the strong correlation with M2. For those with a risk appetite aligned with the recent trends, entering or increasing exposure to Bitcoin could be ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.