Bitcoin Price Prediction: Could It Reach $220,000 with M2 Growth?

Historical data suggests that Bitcoin’s price tends to rise alongside increases in the money supply, particularly the M2 measure. This trend could potentially push Bitcoin’s value towards a $220,000 target this year, based on analysts’ projections. However, market volatility is influenced by multiple factors like regulatory changes and investor sentiment, making this prediction uncertain. Bitcoin’s past behavior with the M2 money supply has shown a strong connection, but this doesn’t guarantee future outcomes.