{"content":"Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next Bitcoin’s current trading range is all part of a consolidation move before a return above $110,000. Although the leading cryptocurrency has largely held above the $105,000 support zones in recent days, its rally has taken a hit in the past two weeks.  Technical analysis of Bitcoin’s price action, when overlapped with the Global M2 Money Supply metric, shows that it is only a matter of time before it enters into a new all-time high. Global M2 Offset Models Says Something Interesting According to a detailed post by crypto analyst Colin, also known as “The M2 Guy,” on the social media platform X, Bitcoin’s price action appears to be tracking the global M2 money supply with a high degree of correlation when the data is offset by 68 to 76 days. Two separate charts presented by Colin reveal this trend vividly, showing how Bitcoin price movements have followed the trajectory of the Global M2 Money Supply when adjusted for time. The short-term 68-day offset chart aligns closely with Bitcoin’s behavior since April 2025, while the 76-day offset chart offers a longer-term view of the relationship.  In both cases, the analyst highlighted that the M2 curve is pointing upward, where Bitcoin has yet to play out, implying a similarly bullish trajectory for its price action. Colin describes this as a form of confluence, noting that when two correlated indicators show the same directional outcome, the probability of that outcome increases. Particularly, the average correlation across both charts is around 76.6 to 76.9%, both of which are very high and lend statistical weight to the prediction. $BTC ","images":[],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}