strong buy
Bitcoin Potential Rise to $136K Following Global M2 Trends
The price of Bitcoin might increase to $136,000.
Bitcoin moves in a pattern similar to the global money supply, known as Global M2, with an 11-week delay.
Global M2 encompasses cash in circulation and deposits.
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AI Analysis
The observed correlation between Bitcoin's price and the global M2 money supply indicates a possible macroeconomic driver behind cryptocurrency valuation. Since M2 includes cash and deposits, its grow...
AI Recommendation
Given the historical correlation and current indicators, it may be prudent for traders and investors to position themselves for a potential upward move in Bitcoin's price, especially if M2 continues t...
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.