Bitcoin has been hovering in the low $80,000 range, but a key macroeconomic shift could trigger its next big rally. If history repeats itself, BTC might be just weeks away from another massive surge.
Could Rising M2 Money Supply Fuel Bitcoin’s Next Move?
Crypto analyst Master of Crypto believes the global M2 money supply rebound could boost Bitcoin’s momentum.
For those unfamiliar, M2 money supply measures all the liquid money in an economy, including cash, checking deposits, and savings. It often signals upcoming shifts in inflation, economic growth, and financial markets—including Bitcoin.
Historically, BTC follows M2 trends with a 70-day delay M2 has already rebounded—could BTC follow soon? Some analysts predict BTC’s rally could be even bigger this time
According to The M2 Guy, Bitcoin’s next move could happen:
April 30 (107-day lag scenario)
March 24 (70-day lag scenario)
Technical Indicators Flash Bullish Signals
Crypto trader Merlijn The Trader spotted a bullish “falling wedge” pattern on Bitcoin’s chart.
Historically, BTC gains an average of 66% after breaking out from this setup. If that happens again, we could see new all-time highs (ATHs) soon.
BTC is also tracking a megaphone pattern, but it must stay above $72,000 to keep this bullish trend intact.
Stock Market Connection & Bearish Warnings
Analyst Burak Kesmeci warns that Bitcoin’s fate is tied to the U.S. stock market. If stocks stay weak, BTC might struggle to rally.
Meanwhile, gold advocate Peter Schiff predicts a “catastrophic drop” for Bitcoin if the NASDAQ enters a bear market.
Bitcoin Price Update
BTC is currently trading at $83,826, down 1.7% in the last 24 hours.
Will Bitcoin break out soon, or will bears take control? Drop your thoughts below! 
The post Bitcoin May Be on the Verge of a Major Breakout – Here’s Why appeared first on The Cryptoplay : All updates about Cryptocurrency worldwide.
