Crypto regulation moves as the eyes of Bitcoin $ 105k in the middle of boosting liquidity

Bitcoin (Btc) The price rose by 8% from March 11 less than $ 76,703, driven by part of large aggressive investors buying sinking with action.

The margin has longed for Bitfinex to climb its highest level since November 2024, adding 13,787 BTCs in 17 days. Currently standing at $ 5.7 billion, bullish leveraged positioning indicates confidence in Bitcoin’s reversal potential despite recent price weakness.

Some analysts argue that the price of Bitcoin is closely linked to the global financial base, which means it tends to rise as central banks have been injuring liquidity.

Included retreat Mounting, the possibility of expanding financial policies that increase the supply of money is growing. If this correlation holds, Bitfinex whales can be properly positioned to achieve a rally of more than $ 105,000 in the next two months.

For example, X User Pingschicken says it has identified an 82% touch between the Global Money Supply (M2) and Bitcoin price.

When central banks flow into liquidity by increasing interest rates or reducing bond handling, merchants become more dangerous-averse, leading to weaker demand for bitcoin. On the contrary, periods of financial emergency tend to cover the investor’s greater interest in possession, increasing its potential price.

Bitfinex whales will go to long BTC as the bottom of the m2

In early September 2024, Bitfinex Margin entrepreneurs added 7,840 BTCs to long positions, which in conjunction with a bearish momentum period while Bitcoin struggled to recover a $ 50,000 level for more than three months.

Despite the collapse, the whales of Bitfinex held their positions, and the price of Bitcoin had passed $ 75,000 less than two months later. Noteworthy, the global currency supply of M2 has dropped around the same time as entrepreneurs have increased their exposure to Bitcoin, which further strengthens the relationship.

It may be impossible to establish a direct relationship-and-effect between the supply of money and the will of investors to accumulate bitcoin, especially given the influence of major events during these times.

For example, Donald Trump’s election as the US president in November 2024 significantly fuel the Bitcoin rally due to the new administration’s pro-crypto bearing, regardless of global M2 trends and liquidity conditions.

Similarly, Michael Saylor’s latest plan Raise up to $ 21 billion With fresh capital for the strategy to get more bitcoin can change market dynamics, even the accounting for $ 4.1 billion in net outflows from Bitcoin spot exchange-traded funds (ETF) since Feb. 24.

The approach remains the largest holder of corporate bitcoin, with 499,096 BTCs obtained at a total cost of $ 33.1 billion, boosting long -term bullish approach.

More clearly crypto regulation, increasing capital approach

In essence, the expansion of the global currency supply may have influenced the rise of the long bitfinex margin, but the push of bitcoin to $ 105,000 may be primarily driven by news and industry events.

A Wall Street Journal report on March 13 revealed that Donald Trump’s representatives conducted discussions about potential getting a stake In Binance.

Related: US Bitcoin ETFS breaks outflow streak with $ 13.3m flowing

To date, the impact of the market of a more crypto-friendly US government has not yet produced concrete benefits.

For example, the Currency (OCC) Comptroller’s office has not been clarified if banks can Custody Digital Assets and manage stablecoins without initial approval.

Similarly, Acting Sec Chairman Mark Uyeda announced plans to remove provisions that are specific to crypto from a suggested rule that will expand the definitions of exchange.

The US Securities and Exchange Commission is currently reviewing requests from the Bitcoin ETF spot that allows to allow creations and redemption, allowing shares to be replaced directly for Bitcoin rather than using traditional cash -based methods.

Meanwhile, global Macroeconomic conditions worsenPutting pressure on bitcoin price. However, these same factors gradually pushed governments into economic stimulus measures and expand the M2 currency supply.

If this trend continues, it should create conditions for the price of Bitcoin to meet the $ 105,000 wingschicken prediction in May 2025 and possibly higher.

This article is for general information purposes and is not intended to be and should not be done as legal or investment advice. The views, attitudes, and opinions expressed here are unique and do not necessarily reflect or represent the views and opinions of the cointelegraph.