Bitcoin Bull Run Persists, According to InvestAnswers; Reveals Potential Bitcoin Targets in Upcoming Weeks
Rewritten Version:
Title: Analyst Predicts Explosive Bitcoin Breakout, Potential Price Targets of $120,000 to $160,000
Hey there! Let's dive into the latest Bitcoin predictions from the popular analyst of InvestAnswers. He's got some eye-popping forecasts about what's in store for the flagship digital asset.
In his latest video, he shared his insights with his 565,000 YouTube subscribers, and here's the scoop: Bitcoin's bull market isn't over yet, and the analyst believes the cryptocurrency might soon reach unimaginable heights. Specifically, he's looking at potential price targets in the range of $120,000 to $160,000.
To arrive at these estimates, the analyst examined the global M2 money supply, a metric that measures money flowing throughout the financial system. Guess what? Bitcoin's price seems to be tracking this metric nearly perfectly.
"Here's what I mean—take a look at this line. It's the global M2 money supply. Bitcoin price almost mirrors it! But how high can it go? It's anyone's guess, but we could be looking at as much as $160,000. Keep your eyes on the prize, mate. We might have to wait till June or July."
But the good times aren't just restricted to the price projections. The analyst also highlighted buying trends among different Bitcoin holder cohorts. He noted that whales, those with over 10,000 BTC, have been accumulating the flagship digital asset at an unprecedented pace.
"Did you know whales, the big boys with more than 10,000 Bitcoin, have been stockpiling at a record rate? And it's not just the whales! Even smaller investors are joining in. The 100 to 1,000 cohorts are on a buying spree too. And here's the funny part—small players with less than 10 Bitcoin are dumping."
Finally, the analyst's Top and Bottom Indicator (TABI) suggested that Bitcoin may head higher. TABI draws on multiple metrics to predict market peaks and bottoms, and their analysis indicates that we're not in the red zone yet—but the bull run is far from over.
"Now let's talk about the TABI, which predicts market highs and lows based on multiple factors. Guess what? We're still middle of the road, my friends. The bull run isn't over yet!"
At the time of writing, Bitcoin is trading at $97,044. Don't forget to follow us on X, Facebook, and Telegram to stay updated! And remember, investing in Bitcoin should be approached with caution, as its value can be highly volatile. As always, do your research before making any high-risk investments.
Disclaimer: The opinions given here should not be taken as investment advice. As always, investors should rigorously investigate before making any high-risk investments. Remember that your transfers and trades will always be your responsibility, and any losses incurred will be yours.
Tags: Bitcoin, Cryptocurrency, Price Prediction, Investing, M2 Money Supply, Accumulation, Whales, InvestAnswers, Daily Crypto News
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- In the realm of cryptocurrency, the analyst predicts a potential breakout for Bitcoin, with price targets ranging from $120,000 to $160,000, akin to the mirrored M2 money supply growth.
- The accumulation rate of Bitcoin by whales (those holding over 10,000 BTC) has been exceptional, while smaller investors in the 100 to 1,000 cohort are on a buying spree, contrary to those with less than 10 Bitcoin who seem to be offloading.
- The Top and Bottom Indicator (TABI) points towards the bull run being far from over, as the market isn't in the red zone yet.
- The World's First Crypto Trading Cup officially kicked off on May 9, 2025, indicating a growing interest in crypto trading.
- Other notable events include a successful $17 million raised by Blockchain T-Rex for transforming the attention layer in Web 3.0, and Flipster becoming the official crypto exchange partner of TALON's Dota Two team, reflecting the increasing connections between esports and cryptocurrency.