Opinion: Global M2 Money Supply Growth Could Trigger Significant Bitcoin Rally

BlockBeats News, February 26th: The continued growth of global M2 money supply could trigger a major Bitcoin rally, but analysts warn against going all in on this newly emerged signal.

Pav Hundal, Chief Analyst at the crypto exchange Swyftx, told Cointelegraph: "This is not a market to bet all funds on for quick gains, but our core forecast remains that the market will remain strong from March onwards."

Furthermore, Bravo Research stated that the US money supply has doubled in just 10 years, "this surge in liquidity could fuel Bitcoin's parabolic rise".