Bitcoin Price Prediction: The Fed's M2 money supply continues to expand, BTC is expected to hit $150,000, and institutional accumulation strengthens bullish expectations.

In August, the M2 money supply in the United States continued to expand and reached a historical high, providing macro-level support for the bull run cycle of Bitcoin (BTC). The global M2 supply is expected to grow to $112 trillion by 2025, and this enormous liquidity is boosting all assets, including BTC. Although the Bitcoin price may fluctuate in the short term due to internal factors in the crypto market, its long-term trend still closely follows the global liquidity trend. Meanwhile, technical analysis shows that BTC price has strongly rebounded from the key support level of $108,000 and has built a technical pattern pointing towards $135,000 to $150,000. The Japanese listed company Metaplanet has increased its Bitcoin holdings to 20,000 coins, further highlighting the core role of institutional demand in driving BTC price rise. The dual favourable information from both technical and fundamental aspects is accumulating momentum for the next strong pump of Bitcoin.

Macroeconomics: M2 Money Supply Continues to Expand, Fueling Bitcoin Bull Run

The M2 broad money supply in the United States continued to expand in August, reaching a new historical high. As of August 26, this metric had risen to $22.13 trillion, continuing to grow from $22.02 trillion at the end of July. Since August 2024, the U.S. M2 supply has continuously increased by about $1 trillion. This macro trend is closely related to the price movement of BTC, which is often seen as an alternative asset against the depreciation of fiat currency.

Global Liquidity: Global M2 supply increases to 112 trillion USD, Favourable Information for all assets

In 2025, the global Money Supply is also actively expanding, with Liquidity significantly increasing from China and 19 other central banks. Since January of this year, the global M2 supply has increased by $7 trillion, reaching a total of $112 trillion. The price rise of Bitcoin over the past three months closely follows the active growth phase of global M2, reaffirming its tracking pattern with additional Liquidity. Although Bitcoin is also positively correlated with the inflow of stablecoins, this itself reflects the trend of market confidence and the search for new investment channels. It is noteworthy that the correlation with M2 is most significant during bull run cycles, and the high M2 supply in 2022 and 2023 did not prevent the occurrence of bear markets, indicating that internal events in the crypto market can still affect its short-term trends.

BTC tracks global asset expansion, price pump still has a lag

The correlation between Bitcoin prices and low interest rates and liquidity growth also means it tracks assets like gold and the S&P 500 index. During the recent expansion, these three asset classes have maintained a common upward trend. Although Bitcoin had an astonishing performance surpassing stocks in the short term, it has not yet sustained a lead over other asset classes. Currently, the BTC price is $109,175, which shows a certain gap with the latest M2 supply growth globally and in the U.S. Historically, this gap between price and M2 growth often foreshadows the arrival of a new wave of rises in the coming months. Market observers are closely watching M2 trends to gauge the potential cycle top for BTC and have high hopes for a rebound and new price records by the end of the year.

Technical Analysis: BTC price rebounded from $108,000, aiming for a higher target

The price of Bitcoin has strongly rebounded from the key support level of $108,000, confirming this area as an important bottom within the current structure. The chart shows that this base has been defended cleanly and has become a springboard for a new round of rise. Although the price has encountered resistance multiple times around $123,000, it has consistently found support at $108,000, reinforcing its significance. This pattern of compressing within a range and maintaining higher lows typically indicates that the price is about to usher in a new round of expansion.

According to Fibonacci extension, if the upward momentum continues, the first target for the upward movement is expected to be $135,000, and it may extend to $150,000. This makes the range of $108,000 to $125,000 a gathering place for BTC’s next decisive movement. This price structure also reflects two distinctly different upward waves— the first wave brought a 62% rise, while the second wave is currently forming and has extended 39%. This pattern indicates a sustained trend, with the consolidation phase accumulating momentum for a larger upward movement. If a closing price above $123,000 can be confirmed, it will validate this structure and open the door to $135,000 and $150,000. Conversely, if the price falls below $108,000, the focus will shift to $100,000, delaying the bull run expansion. Currently, the price movement shows strong defense at the bottom, which aligns with the long-term bullish Bitcoin price forecast.

Institutional Dynamics: Metaplanet accumulates 20,000 BTC, enterprises adopt acceleration

The Japanese listed company Metaplanet has become an important corporate Bitcoin holder, with total reserves reaching 20,000 BTC, valued at approximately $2 billion. Its most recent acquisition was 1,009 BTC, valued at about $112 million, with an average purchase price of $102,700, making it one of its largest single purchases. Despite the company’s stock price falling 4% after the announcement, its Bitcoin reserves are strengthening the balance sheet to withstand weakness in traditional markets. This strategy by Metaplanet places it among the largest corporate holders globally, further proving that the company is gradually adopting BTC as a reserve asset. While larger players, including MicroStrategy, still dominate, Metaplanet’s rapid growth indicates that institutional demand continues to influence BTC’s price movements, providing further evidence for technical predictions.

Conclusion

The price of Bitcoin is once again building a bottom from a strong support level, aiming for higher expansion targets. The technical chart structure suggests that if it can decisively break through $123,000, the price is expected to rise to $135,000, and may even reach $150,000. Meanwhile, the stable accumulation by the Japanese listed company Metaplanet adds more chips to the bullish outlook, highlighting how institutions view BTC as a reserve asset. Therefore, the combination of technical resilience and corporate demand is laying the foundation for the continued upward momentum of Bitcoin.