Bitcoin's market is experiencing significant fluctuations, raising questions about its future trajectory. While some fear a downturn, others see opportunities.
Bitcoin Market Status
According to expert Doctor Profit, market participants must assess liquidity trends, macroeconomic conditions, and price action to determine Bitcoin’s next move. The coming months, particularly May or June, could offer more clarity.
Impact of M2 Money Supply
Doctor Profit emphasizes that M2 Money Supply is one of Bitcoin’s strongest historical indicators. However, the timing of liquidity expansion matters. Since February 2025, M2 has been increasing, yet Bitcoin’s rally from September 2024 to February 2025 indicates that institutional investors anticipated this shift in advance.
Short-Term Strategy and Key Levels
Doctor Profit presented a short-term trading strategy, forecasting a Bitcoin pullback to the 70,000–74,000 range. The EMA50 is a critical support level. A close above EMA50 signals a strong accumulation zone.
By the middle of 2025, Bitcoin is expected to resume its upward trend, potentially reaching 120,000–140,000. However, a broader correction to 50,000 could occur if the price fails to hold above 70,000.