Key points:
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Global M2 money supply could send Bitcoin to $500,000 if it repeats its 2020 expansion.
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The price increased six times after the worldwide COVID-19 money printing spree.
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The latest M2 jump comes as central banks cut interest rates while inflation lingers.
Bitcoin (BTC) may reach $500,000 if it repeats its reaction to booming global M2 money supply growth.
Analysis from Onramp Bitcoin co-founder Jesse Myers, uploaded to X Tuesday, confirms the biggest M2 supply jump since the COVID-19…
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