Bitcoin price to 6X in 2026? M2 supply boom sparks COVID-19 comparisons
Bitcoin price analysis hinted that the correlation between BTC price action and M2 money supply may end in a repeat of the late 2020 bull run.
Key points:
Global M2 money supply could send Bitcoin to $500,000 if it repeats its 2020 expansion.
The price increased six times after the worldwide COVID-19 money printing spree.