Bitcoin’s target price sits around $ 170k ‘while global M2 supply reaches high record

Key takeaways:

• Bitcoin could target $ 170K because the M2’s global currency supply hit a record of $ 55.48 trillion.

• BTC prices historically captures M2 breakouts, with previous patterns suggesting imminent reversal.

• A weak US dollar adds fuel for BTC bulls, with DXY down 10.8% in H1 2025.

Bitcoin (Btc) can monitor to reach $ 170,000 as global liquidity, measured by the Broad Money Supply (M2), hit a new record of $ 55.48 trillion on July 2.

Bitcoin usually follows the M2 breakout

M2 combines the US dollar suits from the US from the US, Eurozone, Japan, the UK, and Canada.

When M2 rises, this indicates A lot of money is moving -switch In the economy, including bank accounts, reviewing deposits, and other liquid properties. Such excess liquidity can increase the capital flowing to “riskier assets” such as crypto.

Bitcoin is historically adhered to the global and US M2 with 3-6 months lag, especially in liquidity transfers. In some cases, such as April 2025 breakout above $ 100,000, the lag is only 1-2 weeks.

While the BTC rallies during low M2 growth, such moves often prove that it cannot be maintained.

In contrast, M2-driven-driven rallies tend to produce a longer, more steady uprising, suggesting the current rotation can be supported by real liquidity, not speculative.

“As the global currency supply expands, Bitcoin’s next target will sit around ~ $ 170K, following the flow,” said the analyst Ear of crypto.

Multiple analysts predicted the BTC price to reach $ 150,000-200,000 range By the end of 2025, due to the increase Institutional demand by ETF and Corporations.

USD weakening puts a rally in Bitcoin in play

Growing demand for Bitcoin will appear against a weak US dollar.

The US Dollar Index (DXY) fell 10.8% in the first half of 2025, the worst performance of H1 since the collapse of the Bretton Woods system in 1973.

In contrast, Bitcoin gained 13.25% at the same time, reflecting a negative link to the dollar.

History, history, Basic Difference -It Between Bitcoin and Dollars has signal major recurrences.

In April 2018 and March 2022, DXY increases and the collapse of BTC preceded the bear markets. While the difference was in November 2020 the start of a major rally was marked.

In the current rotation, the BTC and DXY moved almost to the lockstep until early 2024. A clear difference -varied in April 2025, as the DXY fell below 100 for the first time in two years.

Related: Standard Charter expects Bitcoin to hit the new high $ 135k in Q3

If the previous patterns are repeated, it can mark the beginning of a new bitcoin uprising. The prolonged weakness of the dollar can strengthen this move beyond the common behavior of the Bitcoin cycle.

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.