The global M2 money supply has broken into a steep upward trajectory, indicating that liquidity is washing through the global financial system.
The latest BTC news X post by leading analyst Bitcoin Teddy reveals a Bitcoin price prediction of $280,000 if a 3-time bull fractal plays out again for the fourth time.
Among the key drivers of this BTC USD rally is the rapidly expanding global money supply, capital rotation from traditional safe havens like Gold to Bitcoin.
Besides, the soaring accumulation by wealthy state-owned sovereign funds, families, and companies also supports the bullish outlook.
Looking at the chart shared by Bitcoin Teddy, it’s clear that BTC USD price action has followed a strikingly similar pattern in every major bull cycle from 2013, 2017, and 2021.
These years mark the culmination of multiple accumulation phases and the explosive Bitcoin rallies that followed them, resulting in new record highs.
For example, the BTC price soared from $10 to $1000 in 2013, thanks to which the cryptocurrency exploded into mainstream retail adoption.
Fast-forward to 2017, BTC USD doubled from $1,000 to $20,000 after tracing a pattern similar to the one in 2021. This resulted in a massive price rally to $60,000.
The latest Bitcoin USD seems to be repeating the same pattern for the fourth time. As such, top crypto analyst Bitcoin Teddy is projecting a Bitcoin price prediction of between $250,000 and $280,000.
Moreover, each past cycle has been longer and more mature than the previous one, reflecting Bitcoin’s growing adoption and market depth.
If the setup plays out successfully, the market will brace up for the next leg up, which could be more powerful than the previous three cycles. Thereby making the path to $280,000 more feasible both technically and fundamentally.
Global M2 money supply has broken into a steep upward trajectory, indicating that liquidity is washing through the global financial system. When this happens, risky assets like Bitcoin serve as tailwinds to absorb the capital.
At the same time, BTC price consolidated beneath its previous highs, hovering just above the $114,000 level.
Despite its current sideways movement, the correlation between global M2 and Bitcoin remains visible.
Each major rise in liquidity over the past cycles has tended to precede a surge in Bitcoin price action, albeit with a slight time lag.
From a structural point of view, if global liquidity continues expanding at this pace, capital may begin rotating aggressively out of traditional stores of value and into harder, decentralized assets.
Analyst Vivek shared a Bitcoin price prediction of $180,000, considering the liquidity curve could soon translate into renewed momentum across the overall crypto market.
In a recent crypto news tweet by BitcoinJunkies, Eric Trump claims that the world’s largest state-owned sovereign wealth funds, the wealthiest families, and corporations are accumulating and hoarding Bitcoin.
According to Trump on the video shared on the X profile, the United States leads with the highest amount of hoarded BTC, followed by China, the United Kingdom, Ukraine, and the United Arab Emirates.
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