{"id":21046,"date":"2025-04-08T08:02:15","date_gmt":"2025-04-08T08:02:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21046"},"modified":"2025-04-08T08:02:15","modified_gmt":"2025-04-08T08:02:15","slug":"bitcoin-rally-alert-m2-money-supply-fractal-suggests-imminent-price-surge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21046","title":{"rendered":"Bitcoin Rally Alert: M2 Money Supply Fractal Suggests Imminent Price Surge"},"content":{"rendered":"
\n

Bitcoin (BTC) continues to experience pressure following the US blanket tariffs of 10% that went into effect on April 5. The flagship cryptocurrency declined by more than 7% in the past 24 hours before making a slight recovery, trading in the low $80,000s at the time of writing.\u200b<\/p>\n

M2 Money Supply Surge May Help Bitcoin\u00a0<\/h2>\n

In an X post published today, crypto analyst Titan Of Crypto hinted that \u2013 despite the prevailing pessimism \u2013 a Bitcoin rally might be imminent<\/a> following a surge in the global M2 money supply. The analyst shared a chart indicating how BTC has historically followed the M2 money supply with a slight lag. \u200b<\/p>\n

\"titan\"<\/p>\n

For the uninitiated, \u200bthe M2 money supply is a broad measure of the total money circulating in an economy, including cash, checking deposits, and easily convertible near-money assets like savings accounts and small time deposits. Central banks monitor M2 to assess economic conditions and guide monetary policy decisions.<\/p>\n

As mentioned earlier, past data shows that BTC has a strong correlation with changes in the M2 money supply, often exhibiting a lag of approximately 70 to 107 days. For example, during the height of the COVID-19 pandemic, substantial increases in the M2 money supply due to stimulus measures were followed by significant Bitcoin rallies. \u200b<\/p>\n

Fellow crypto analyst Merlijn The Trader echoed<\/a> Titan\u2019s sentiments. The trader shared a chart highlighting the reversal area in the M2 money supply, suggesting that if the correlation remains strong, similar behavior could be expected in BTC.<\/p>\n

\"merlijn\"<\/p>\n

Just A Healthy Pullback For BTC?<\/h2>\n

While there is considerable concern surrounding BTC\u2019s current sluggish price action \u2013 aligned with the declining global equity markets \u2013 some analysts view the current price pullback as a healthy correction rather than the end of the bull market.\u200b<\/p>\n

Bitcoin analyst Bitcoin Wukong shared their thoughts on the top cryptocurrency\u2019s recent price action. In an X post published today, the analyst wrote:\u200b<\/p>\n

\n

If you\u2019re lost in the noise \u2013\u00a0 zoom out. This pullback is just a correction following the Trump-driven rally, not the start of a bear market. Zooming out, the $66K\u2013$73K zone still shows strong structural support.<\/p>\n<\/blockquote>\n

\"wukong\"<\/p>\n

That said, BTC faces multiple strong resistance levels, as outlined by Titan Of Crypto in one of his recent analysis posts. The trader noted<\/a> that BTC must overcome the Ichimoku Cloud resistance around the $88,000 price level.\u200b<\/p>\n

However, BTC managed<\/a> to maintain bullish momentum with a positive March monthly candle close. At press time, BTC trades at $78,566, down 5% in the past 24 hours.\u200b<\/p>\n

\"bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) continues to experience pressure following the US blanket tariffs of 10% that went into effect on April 5. The flagship cryptocurrency declined by more than 7% in the past 24 hours before making a slight recovery, trading in the low $80,000s at the time of writing.\u200b M2 Money Supply Surge May Help Bitcoin\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21046","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21046"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21046\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}