Analysts Expect Significantly Higher BTC Prices by May, Bitcoin Expected to Follow M2

• Analysts expect significantly higher BTC prices by May.
• This expectation comes from Bitcoin following M2. 
• Bitcoin will follow the global money supply (M2) after 70 to 80 days.

As the price of Bitcoin (BTC) continues to lag in the lower $80,000 price range, crypto analysts rush to see when the price will rise once again based on Bitcoin price chart indicators and signals. Most recently, analysts expect significantly higher BTC prices to arrive by the month of May as Bitcoin is expected to follow the global money supply (M2) with an average lag of 70 days. 

Analysts Expect Significantly Higher BTC Prices by May

So far, several seasoned analysts have shared many points of view on what is to come next for BTC. The changes in price expectations have evolved due to the possible shift from the crypto landscape wherein analysts believe the 4-year cycle is no longer in play and we may see a different bull market structure play out this year. One of these theories expects a double cycle top pattern to occur this year. 

If this is so then the first cycle top could be the $109,000 ATH that BTC set earlier this cycle, unless BTC will set multiple new ATHs in the coming price pump surge many analysts are expecting to play out in Q2 2025. One such theory supporting this Q2 pump is that Bitcoin tends to follow the global money supply (M2) with an average lag of 70 to 80 days. If this pattern plays out again then BTC could trade at significantly higher levels by May.

Bitcoin Expected to Follow M2

To elaborate, M2 is a classification of money supply. It includes M1, which comprises the cash outside of the private banking system plus current account deposits as well as capital in savings accounts, money market accounts, retail mutual funds, and time deposits of under $100,000. Presently, M2 has increased and traditionally Bitcoin price follows suit after a lag of 70 to 80 days.

Meanwhile, several other bullish indicators are pointing to Bitcoin (BTC) soon recovering over the next few weeks. Most analysts believe that as this is a bull market and Q1 closed in red, then the rest of the year will most likely close in green, and multiple bullish signals on the BTC price chart support this theory, the latest of which is highlighted in the post below. 

As we can see from the post above, this analyst marks on a multi-cycle chart how every one of the downward trending/sloping patterns in Bitcoin this cycle has resulted in a surge into new bull cycle highs. He suggests that the same is on the verge of taking place again, a move that will take BTC prices to new ATH prices again.