Bitcoin Price Mirrors Global M2 As Crypto Analyst Reveals May Timeline For “Blast Off” — TradingView News
Bitcoin’s price movement is starting to look positive after a brief stretch of crashes on Sunday and Monday. After breaking down to $74,000 on Monday, bearish momentum looked ready to drag Bitcoin’s price down further. However, bulls quickly stepped in to defend the dip. Their aggressive buying has pushed the price back up, with Bitcoin now moving towards the $80,000 level again.
This recent crash is interesting because it aligns almost perfectly with a high-telling metric. This metric not only foreshadowed the crash, but it is now pointing to a powerful upward move for the next Bitcoin rally.
Analyst Says Global M2 Is A Leading Signal For Bitcoin’s Next Move
Colin, a well-followed crypto analyst on X, recently drew attention to…
