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M2 Money Supply PredictsCoinGape
•Business
Business & Economics
62% Informative
Bitcoin is predicted to correct to $ 100k and then bounce back to $ 130k around August/September this year .
Over last 18 months , Bitcoin price has exhibited notable co-relation with and M2 Money Supply .
Abra Global CEO Bill Barhydt shared his analysis on the rising Bitcoin Vs M2 money supply trend via via his X account.
Despite the drawdown the coin has recorded in the past 24 hours , it is still conforming to its historical trend.
May is historically a bullish month for Bitcoin , with an average growth rate of 19% .
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