Analysis: The growing global M2 money supply may boost Bitcoin's rise

Odaily News The growing global M2 money supply could spark a major rally in Bitcoin, but analysts warn against betting everything on this emerging signal. “This is not a market to bet all your money on a quick correction, but our core forecast remains that the market will remain strong in March and beyond,” said Pav Hundal, chief analyst at cryptocurrency trading platform Swyftx.
Additionally, Bravo Research said that the U.S. money supply has doubled in just 10 years, and “this surge in liquidity could fuel Bitcoin’s parabolic rise.” (Cointelegraph)