Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin has to close more than $ 107,000 to confirm the outbreak or the risk of falling to $ 98,000

2025-05-18

Solana Price has $ 166 support after rejection of $ 183, breakout above $ 177 very important

2025-05-18

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin – What Do Global M2 Patterns Say About BTC’s Next Bull Cycle?
Bitcoin

Bitcoin – What Do Global M2 Patterns Say About BTC’s Next Bull Cycle?

2024-09-14No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • The global m2 money supply has become positive.
  • Historical patterns indicate that BTC may now soar on the charts

Bitcoin [BTC]The world’s leading cryptocurrency, continues to cause uncertainty among traders, whales and institutions. Especially as the market is waiting for better conditions in the last quarter of the year.

Historically, Bitcoin has soared when the global M2 money supply has increased. With the global M2 turning positive, traders are anticipating a potential bull run. A similar one to that of late October 2023 and early January 2024, after which BTC reached new all-time highs.

At the time of writing, BTC/USDT appeared to be correcting into a bullish flag pattern. Another BTC surge could be in the offing, with the Federal Reserve’s expected rate cut being key.

Source: Seth Fin/X

A cut of 25 basis points seems likely. However, in the financial markets, large movements must first calm down before they become visible.

Bitcoin is trading back at the mid-range

At the time of writing, BTC was trading in the middle of its price range within a downtrend channel.

A breakout to the upside could lead to a push to the top of the channel and a possible breakout. The lower limit was at $51,000, while the upper resistance was $66,000.

Although BTC seemed to consolidate, its strength remains evident. Mainly because bears have failed to break the lower trend line.

Source: TradingView

If Bitcoin breaks the upper trendline and stays above it, the price of BTC could see a significant rally, potentially taking it to new highs. This can be supported by the global M2 vs Bitcoin price chart.

See also  Why Microstrategy's BTC Purchase Can Open Institutional Floodgates

The MVRV z-score emphasizes low unrealized gains

The MVRV z-score, a key indicator of market sentiment, stood at around 1.9 at the time of writing. This suggested that BTC has gradually declined while the network’s average cost base has increased.

By extension, this means that there are low unrealized gains in the market, leaving more room for upward movement.

Historically, when the MVRV z-score has been at these levels, Bitcoin has seen significant upward trends. The case studies of 2012, 2020 and 2023 are good examples.

Source:

Addresses with more than 0.1 Bitcoin near ATH

Additionally, the number of Bitcoin addresses holding at least 0.1 BTC is approaching a new all-time high.

This means that long-term holders, often referred to as “strong hands,” are accumulating Bitcoin, which supports the case for higher BTC prices.

As more strong hands buy BTC, this strengthens the market. This increases the chance of a rising trend in the charts.

Source; Bitcoin Magazine PRO

Bitcoin’s net position change in the short term

Finally, the short-term Bitcoin holder net position change revealed that many recent buyers, who came in during the last fear of missing out (FOMO) peak, are now exiting.

This is often a sign of market capitulation, indicating a potential bottom. When short-term holders capitulate, this often precedes a rise in BTC prices.

Source: CryptoQuant

In conclusion, Bitcoin’s price is primed for potential growth. With strong on-chain metrics and historical trends favoring an uptrend, BTC could see a significant rally if global market conditions improve and the Federal Reserve implements a rate cut.

See also  Bitcoin and crypto markets rise on inflation data as the countdown to US debt default looms

Next: Can VELO Rise 81%? What the key indicators suggest

Source link

Bitcoin BTCs Bull cycle Global Patterns
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin has to close more than $ 107,000 to confirm the outbreak or the risk of falling to $ 98,000

2025-05-18

Bitcoin bulls are confronted with Make-Or-Break-moment at $ 106,500 Resistance details

2025-05-18

Equities RIP higher as Bitcoin lags behind – a new market reality to watch!

2025-05-18

Bitcoin -price could prepare for a new wave of volatility – this is why

2025-05-18
Add A Comment

Comments are closed.

Top Posts

XRP Price Targets $1.60 Breakout: Is the Bull Run Back?

2024-11-29

Thailand is set to launch a $12.4 billion digital money program to boost the local economy

2024-07-15

Pro-XRP Lawyer Says Coinbase Has a 40% Chance of Winning Motion to Dismiss SEC Lawsuit

2024-02-07
Editors Picks

Economist Peter Schiff Expresses Concerns About Spot Bitcoin ETFs

2023-10-24

XRP -Price diagram flashes inverse head/shoulder pattern that can activate up to $ 3.9

2025-03-29

US Crypto Exchange Kraken is spreading to shares, ETFs and FX Perpetual Futures

2025-04-19

Oooo.money promotes AI gaming in strategic partnership with SoonChain

2025-01-04
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin has to close more than $ 107,000 to confirm the outbreak or the risk of falling to $ 98,000

Solana Price has $ 166 support after rejection of $ 183, breakout above $ 177 very important

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,263.310.82%
  • ethereumEthereum(ETH)$2,405.50-3.39%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.381.44%
  • binancecoinBNB(BNB)$642.630.12%
  • solanaSolana(SOL)$167.670.11%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2246573.76%
  • cardanoCardano(ADA)$0.74-0.86%
  • tronTRON(TRX)$0.265680-2.20%
  • suiSui(SUI)$3.80-1.07%
  • chainlinkChainlink(LINK)$15.420.06%
  • avalanche-2Avalanche(AVAX)$22.34-0.56%
  • stellarStellar(XLM)$0.2873410.12%
  • hyperliquidHyperliquid(HYPE)$26.341.62%
  • shiba-inuShiba Inu(SHIB)$0.0000152.08%
  • hedera-hashgraphHedera(HBAR)$0.1921160.72%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.05%
  • bitcoin-cashBitcoin Cash(BCH)$397.831.31%
  • the-open-networkToncoin(TON)$3.111.06%
  • litecoinLitecoin(LTC)$98.171.17%
  • polkadotPolkadot(DOT)$4.650.21%
  • moneroMonero(XMR)$342.421.81%
  • bitget-tokenBitget Token(BGB)$5.092.53%
  • pepePepe(PEPE)$0.0000136.96%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.735.93%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.861.68%
  • bittensorBittensor(TAO)$414.83-1.85%
  • aaveAave(AAVE)$223.43-0.23%
  • nearNEAR Protocol(NEAR)$2.730.79%
  • aptosAptos(APT)$5.05-1.19%
  • okbOKB(OKB)$52.72-1.07%
  • ondo-financeOndo(ONDO)$0.920.74%
  • kaspaKaspa(KAS)$0.109225-0.39%
  • internet-computerInternet Computer(ICP)$5.160.10%
  • ethereum-classicEthereum Classic(ETC)$18.07-0.73%
  • gatechain-tokenGateToken(GT)$21.54-0.06%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.960.82%
  • crypto-com-chainCronos(CRO)$0.0972870.03%
  • mantleMantle(MNT)$0.730.54%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2350941.15%
  • vechainVeChain(VET)$0.0280420.85%
  • render-tokenRender(RENDER)$4.53-0.62%
  • ethenaEthena(ENA)$0.3713405.02%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • algorandAlgorand(ALGO)$0.2200621.65%
  • filecoinFilecoin(FIL)$2.831.19%
  • cosmosCosmos(ATOM)$4.801.09%
  • bitcoinBitcoin(BTC)$104,263.310.82%
  • ethereumEthereum(ETH)$2,405.50-3.39%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.381.44%
  • binancecoinBNB(BNB)$642.630.12%
  • solanaSolana(SOL)$167.670.11%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2246573.76%
  • cardanoCardano(ADA)$0.74-0.86%
  • tronTRON(TRX)$0.265680-2.20%
  • suiSui(SUI)$3.80-1.07%
  • chainlinkChainlink(LINK)$15.420.06%
  • avalanche-2Avalanche(AVAX)$22.34-0.56%
  • stellarStellar(XLM)$0.2873410.12%
  • hyperliquidHyperliquid(HYPE)$26.341.62%
  • shiba-inuShiba Inu(SHIB)$0.0000152.08%
  • hedera-hashgraphHedera(HBAR)$0.1921160.72%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.05%
  • bitcoin-cashBitcoin Cash(BCH)$397.831.31%
  • the-open-networkToncoin(TON)$3.111.06%
  • litecoinLitecoin(LTC)$98.171.17%
  • polkadotPolkadot(DOT)$4.650.21%
  • moneroMonero(XMR)$342.421.81%
  • bitget-tokenBitget Token(BGB)$5.092.53%
  • pepePepe(PEPE)$0.0000136.96%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.735.93%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.861.68%
  • bittensorBittensor(TAO)$414.83-1.85%
  • aaveAave(AAVE)$223.43-0.23%
  • nearNEAR Protocol(NEAR)$2.730.79%
  • aptosAptos(APT)$5.05-1.19%
  • okbOKB(OKB)$52.72-1.07%
  • ondo-financeOndo(ONDO)$0.920.74%
  • kaspaKaspa(KAS)$0.109225-0.39%
  • internet-computerInternet Computer(ICP)$5.160.10%
  • ethereum-classicEthereum Classic(ETC)$18.07-0.73%
  • gatechain-tokenGateToken(GT)$21.54-0.06%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.960.82%
  • crypto-com-chainCronos(CRO)$0.0972870.03%
  • mantleMantle(MNT)$0.730.54%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2350941.15%
  • vechainVeChain(VET)$0.0280420.85%
  • render-tokenRender(RENDER)$4.53-0.62%
  • ethenaEthena(ENA)$0.3713405.02%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • algorandAlgorand(ALGO)$0.2200621.65%
  • filecoinFilecoin(FIL)$2.831.19%
  • cosmosCosmos(ATOM)$4.801.09%