Bitcoin ($BTC) is poised for an explosive rally this cycle, with a potential target of $150,000 according to new data. Global M2 liquidity has surged to a record high, strengthening bullish sentiments.
Strong Breakout and Increasing Trends
Bitcoin has shown a reliable upward trend since December 2023. Current prices for Bitcoin are $93,972.91, slightly down by 0.01%. The critical support zone is around $78,000.
Liquidity Increase as a Driving Force
The M2 Global Liquidity Index shows an upward trend, increasing from 88 in December 2023 to 97.13 by mid-2025. This confirms that improved liquidity correlates with the rise of Bitcoin.
Future Predictions and Current Price Levels
Bitcoin performed a strong reversal at the $78,000 support in early 2025. It is expected to potentially reach $150,000 by mid-2025 in line with growing liquidity trends.
The Bitcoin market shows promising signs of growth, supported by increasing global liquidity. Predictions indicate a potential reach of $150,000 in the coming years.
