Bitcoin could drop 20% if moves stay tied with M2 money supply: Analyst
An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree.
An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree.
Original source
Read on CointelegraphRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days
Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the l...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows
Bitcoin ETF investors have pulled billions this year, but the broader crypto ETF market remains more resilient than recent headlin...
Bitcoin Selloff Leaves Half of Supply Underwater as Tether Briefly Overtakes Ether
Bitcoin's drop below $60,000 leaves half of supply in loss, while Tether briefly overtakes Ether in a reality check for crypto mar...
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...