Bulgakov’s Take on Bitcoin’s Next Move, As Per Glassnode’s Sages

Under the enigmatic pseudonym Negentropic, the sages of the digital realm posted a missive on X, where they proclaimed with a flourish that the current market stalemate-where neither bulls nor bears dare to commit-is on the verge of a dramatic resolution. 🎭✨

These wise soothsayers pointed to the impending resurgence of M2 liquidity as the harbinger of change, a force that could tip the scales and send the market into a whirlwind of activity. 🌪️💰

M2, the grand measure of monetary abundance in the United States and the Eurozone, is often heralded as a beacon for the tides of Bitcoin’s value. Despite the recent dip to a mere $111,919, a fall from the lofty heights of $120,000, Bitcoin has rallied to a respectable $114,000. The seers suggest that the delayed effect of M2’s ascent may soon manifest, sealing the fate of the bears and ushering in a new era of prosperity. 🦁🚀

Data from the Federal Reserve reveals that M2 is rebounding from its April zenith, aligning with a cosmic shift towards a more favorable liquidity climate. Should this trend persist, Bitcoin might finally break free from its monotonous dance and soar to unprecedented heights. 🌠🌟

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2025-08-07 01:40