CRYPTO 101 Crypto Rundown: Bitcoin EXPLODES Higher and The Trading Secret of M2 Money Supply
Apr 24, 2025
Bitcoin has surged above $94,000, driven by easing trade tensions and the prospect of a vibrant altcoin season. The hosts analyze this bullish momentum, suggesting new all-time highs could be on the horizon. They explore the correlation between Bitcoin and the M2 money supply, highlighting its decoupling from traditional markets. Excitement mounts around the growing number of crypto ETFs, poised to influence the trading landscape. With optimism in the air, they discuss market sentiments and future potential trends for Bitcoin.
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Bitcoin's Bullish Technical Breakout
- Bitcoin has surged above $94,000, breaking previous resistance levels and moving averages.
- The rally started with a double bottom and is supported by strong technical indicators signaling a bullish reversal.
Bitcoin Dominance Cycles Predict Altseason
- Bitcoin dominance has reached the highest level since February 2021, approaching 70%, a key cycle marker.
- Historical trends show altcoin seasons begin when Bitcoin dominance falls from 70% to around 40%, signaling potential for altcoin rallies soon.
Trade War De-escalation Boosts Bitcoin
- Trade war de-escalation is a major catalyst for Bitcoin and markets rallying.
- Bitcoin often outperforms traditional markets during times of political or economic uncertainty, as seen recently.