The analysis indicates that if Bitcoin mirrors past responses to M2 supply increases, it may rise to 500,000 USD by 2026. The recent M2 supply has grown from 129 trillion USD to 137 trillion USD, drawing parallels with its dramatic rise during the COVID-19 period.
As inflation concerns persist, traders should keep an eye on M2 trends. Historical data suggests Bitcoin may replicate its past performance, offering potential bullish outcomes amidst heightened monetary supply.
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