strong buy
Crypto Experts Predict Bitcoin Could Reach $170,000 by Year-End
Crypto Auris analysts highlight a consistent correlation between Bitcoin and the M2 money supply—a measure that includes cash and deposits. Since early fall 2023, M2 has been increasing, and Bitcoin tends to respond with a delay of approximately 70–90 days. If this pattern continues, the analysts suggest that the current M2 growth could push Bitcoin's price up to $170,000 within the coming months.
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AI Analysis
The prediction hinges on the established historical relationship between Bitcoin and the M2 money aggregate, a broad measure of money supply that influences liquidity and investment trends. Since late...
AI Recommendation
Considering the analysis, investors should monitor M2 money supply trends as an early indicator of Bitcoin price movements. A continued increase in M2 could serve as a bullish signal, implying a poten...
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.