With Bitcoin continues to ride the waves of volatile markets, Experts make predictions About her future in the coming months. One of the most important factors that affect the high bitcoin prices is the global supply of M2 money – the total amount of money traded, including cash, deposit examination, and easily transferred near the money. Historically, when M2 increased, Bitcoin responded with strong climbing movements. In fact, during the last main M2 pump, Bitcoin increased by 60 %.
If there is a similar trend, Bitcoin may suffer from another dramatic height. Some analysts expect that if only 0.5 % of the new global M2 assets flow to Bitcoin, the price may reach about $ 115,000, which represents an increase of 37.58 %. Although this may seem good compared to the noble predictions that some hope, it reflects a more realistic expectation based on historical trends.
National State Game theory: Bitcoin land card
Another variable can significantly convert the Bitcoin price is the potential participation of national courses. If the government begins to print the Fiat currency to buy bitcoin, it may create tremendous upward pressure on the market. This strategy, which is often referred to as the theory of the nation -state game, indicates that the first country to adopt such an approach can dominate the encryption space, which leads to a high price of bitcoin.
What is the following for Bitcoin?
Looking at all factors, the most likely scenario for Bitcoin in the next three months is a price range ranging between 99,000 and $ 115,000, with the possibility of higher gains if market conditions turned positively. However, there is also an 80 % chance that Bitcoin maintains this upward path, with a 20 % chance in the face of setbacks.
