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Bitcoin to Target $90,000 in Q2? Here's Why BTC Could Surge
加密猎鹰
加密猎鹰
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21h ago
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Amid a recent record development in China, experts are saying that Bitcoin could target a $90,000 price in Q2, and here's why...
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The global economy has struggled to make any significant movements upward in recent weeks. Whether the cryptocurrency or stock market, the US has succumbed to increased geopolitical tension and economic frailty. However, that hasn’t stopped Bitcoin from potentially targeting $90,000 in Q2, with one factor looking to push the leading crypto upward.

The asset has underwhelmed in a big way throughout the first three months of the year. Indeed, it has been unable to recreate the six-figure increase that took place in late 2024, with the token continuously failing to break through the $85,000 mark in any notable way. That could be set to change in Q2 if these experts are correct.

Source: Watcher Guru

Also Read: Binance Says Multiple Governments are Eyeing Their Own Crypto Reserves

Bitcoin Eyeing Major Turnaround? Here’s Why Experts Expect It to Jump

There is no denying that the global market has seen an increased focus put on the digital asset sector. The industry has become a key part of finance across the world, with its potential never being greater than it is right now. Yet, despite that sentiment, it has failed to create any kind of upward price movement

That could be poised to change very soon. Specifically, one analysis is saying that Bitcoin could be poised to jump to a $90,000 price in Q2 for one major reason. Indeed, the asset class could be set to finally make good on its promise and soar.

Source: Watcher Guru

Also Read: Bitcoin vs. Gold: How Safe-Haven Assets Reacted to the Tariff Announcement

According to TradingView data, China’s M2 money supply has reached a new record high. Indeed, the figure reached a $326.13 trillion landmark price point that could have major implications. Typically, an increase in this signal is a boost in liquidity in the financial system.

More liquidity usually sees increased funds put into assets that are riskier than traditional assets. This is a major benefit to the cryptocurrency market and Bitcoin specifically. “China’s M2 money supply just hit 326 trillion. The money printers are back on. Risk assets are about to go parabolic,” one analyst stated.

“If China’s M2 keeps growing, it could give Bitcoin a push upwards, based on what we’ve seen before,” Brickken market analyst Emmanuel Cardozo D’Armas told BeInCrypto. “Right now, Bitcoin’s at $85,000, and if M2 keeps increasing, we could potentially see a retest of $90,000.”

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