Will Bitcoin Go Bonkers?

Oh joy, the money supply is expanding, and you know what that means… or do you? πŸ€‘ Apparently, when central banks print more dosh, it’s like a big game of financial Jenga – it all might just end up in high-risk assets like crypto. And, of course, Bitcoin is the ultimate thrill ride.

Crypto YouTuber Lark Davis is practically bouncing with excitement, predicting a “parabolic move” (whatever that means – sounds like something you’d do on a pogo stick 🀹) that could propel Bitcoin to a whopping $250,000 in the next few months. Steady on, Lark, old chap!

Global M2 is hitting new ATHs.

Bitcoin is lining up with the 100-day offset of the M2 money supply.

Are you ready for Bitcoin’s parabolic move?

β€” Lark Davis (@TheCryptoLark) July 7, 2025

But wait, there’s more! Global Markets Investor is also getting in on the action, noting that the US money supply is “re-surging” (because who doesn’t love a good resurgence? 🌟). It’s up 4.5% year-over-year in May, which is a record $21.94 trillion. Blimey, that’s a lot of cash!

US money supply is re-surging:

US M2 money supply jumped 4.5% year-over-year in May, to a record $21.94 TRILLION.

This has now surpassed the March 2022 record of $21.86 trillion

For perspective, the 2000-2025 annual growth rate has been 6.3%.

β€” Global Markets Investor (@GlobalMktObserv) July 8, 2025

Now, before we all get too carried away, let’s take a deep breath and remember that correlation does not necessarily imply causation. Protos rather helpfully pointed out that the relationship between M2 money and Bitcoin prices is a bit of a myth. Who knew? πŸ€”

BITCOIN-M2 CORRELATION DEBUNKED

Technical analysts are convinced $BTC strongly correlates with M2 money supply.

Charts look compelling until you change one simple setting: the zoom.

What looks like perfect correlation from 2021 falls apart when you zoom out to 2019

β€” Protos (@Protos) July 7, 2025

So, will Bitcoin go bonkers? Who knows? But one thing’s for sure – it’s going to be a wild ride! 🎒 Buckle up, folks!

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2025-07-08 09:54