Bitcoin on the upswing: Analyst expects $ 400,000 by close correlation with global M2 money offer

Bitcoin und seine Korrelation zum globalen M2-Geldangebot Bitcoin, die führende Kryptowährung, steht im Fokus von Analysten, die eine enge Verbindung zwischen ihrem Preis und dem globalen M2-Geldangebot beobachten. M2 bezieht sich dabei auf eine spezifische Geldmenge, die Bargeld, Sichteinlagen und kurzfristige Einlagen umfasst. Diese Korrelation könnte wichtige Hinweise auf die zukünftige Preisentwicklung von Bitcoin geben. …
Bitcoin and its correlation to the global M2 money offer Bitcoin, the leading cryptocurrency, is the focus of analysts, which observe a close connection between their price and the global M2 money offer. M2 refers to a specific money supply that includes cash, visibility and short -term deposits. This correlation could provide important information about Bitcoin's future price development. ... (Symbolbild/KNAT)

Bitcoin on the upswing: Analyst expects $ 400,000 by close correlation with global M2 money offer

Bitcoin and its correlation to the global M2 money offer

Bitcoin, the leading cryptocurrency, is the focus of analysts, which observe a close connection between their price and the global M2 money offer. M2 refers to a specific money supply that includes cash, visibility and short -term deposits. This correlation could provide important information on the future price development of Bitcoin.

Kyle Chassé, a respected analyst, has made a daring forecast: he expects the Bitcoin price to increase to up to $ 400,000. This number could not only be of interest to investors, but also for everyone who wants to get a better understanding of the dynamics of Bitcoin in relation to monetary policy.

The close correlation between Bitcoin and the M2 money offer could indicate that changes in the money supply have significant effects on the Bitcoin course. In times of expansive monetary policy, when governments and central banks try to boost the economy, this could reduce trust in physical money and at the same time gain digital currencies such as Bitcoin.

In summary, it can be said that the developments in the global offer of money and the price increase of Bitcoin predicted by analysts are not only relevant for investors, but also require a profound understanding of the current economic framework. It remains to be seen how these trends will develop in the future and what influence they could have on the cryptocurrency landscape.