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Analysts Predict Major Bitcoin Rally in Late March as M2 Money Supply Grows

Analysts Predict Major Bitcoin Rally in Late March as M2 Money Supply Grows
Crypto experts have identified a close correlation between Bitcoin price movements and the global M2 money supply, which includes cash, checking deposits, and near-money assets. Recent analysis indicates that with global liquidity expanding, Bitcoin and other digital assets could experience a significant rally starting in late March and lasting until mid-May. Several analysts have pointed out that declines in global M2 are often followed by Bitcoin and cryptocurrency market downturns about ten weeks later, but this is seen as a natural part of the cycle and sets the stage for a long-term uptrend. Factors such as inflation, US Federal Reserve rate cuts, a weakening US dollar, and possible future Quantitative Easing policies by the Federal Reserve could also contribute to Bitcoin's upward trajectory. While uncertainties remain, the overall consensus among analysts is that a bullish phase for Bitcoin is forthcoming. Investors are advised to conduct their own research and monitor macroeconomic indicators to assess the likelihood of the predicted rally.

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