Bitcoin surged to $92,000, a nearly 5% increase in 24 hours, fueled by anticipation surrounding Donald Trump's upcoming crypto summit at the White House. The price rallied from a low of $87,500 to a high of $92,760, currently stabilizing around $91,500. This upward trend has positively impacted altcoins, with Solana (SOL), XRP, and Dogecoin (DOGE) also showing signs of recovery.

比特幣飆升至92,000美元，在24小時內增長了近5％，這是由於唐納德·特朗普即將在白宮舉行的加密峰會的預期所吸引。 價格從87,500美元的低點增加到92,760美元的高價，目前穩定在91,500美元左右。這種向上的趨勢對Altcoins產生了積極影響，Solana（Sol），XRP和Dogecoin（Doge）也顯示出恢復的跡象。

M2 Money Supply and Bitcoin's Growth

M2貨幣供應和比特幣的增長

Analysts are closely monitoring the global M2 money supply, a key indicator of financial liquidity encompassing cash, deposits, and near-money assets. Historically, Bitcoin's price has correlated with M2 expansion; increased liquidity often boosts demand for alternative assets like cryptocurrencies. The sharp rise in global M2 since late 2024 has led experts to forecast a significant Bitcoin rally between late March and mid-May 2025.

分析師正在密切監視全球M2貨幣供應，這是財務流動性，包括現金，存款和近貨幣資產的關鍵指標。 從歷史上看，比特幣的價格與M2的擴展相關。增加的流動性通常會增加對加密貨幣等替代資產的需求。 自2024年底以來，全球M2的急劇上升使專家預測了3月下旬至2025年5月中旬之間的大量比特幣集會。

Crypto analyst Colin Talks Crypto highlighted the dramatic increase in global M2, describing it as a "vertical line" on charts—a strong indicator of potential asset price surges. He anticipates a rally encompassing Bitcoin, stocks, and the broader crypto market, commencing on March 25th and lasting until May 14th.

加密分析師Colin Thalks Crypto強調了全球M2的急劇增長，將其描述為圖表上的“垂直線”，這是潛在資產價格飆升的有力指標。他預計將於3月25日，持續到5月14日，將涵蓋比特幣，股票和更廣泛的加密貨幣市場。

The COVID-19 pandemic serves as a relevant example. The rapid expansion of the M2 money supply then coincided with one of Bitcoin's most significant bull markets. The influx of money into the economy, coupled with concerns about inflation, drove increased Bitcoin investment as a hedge against devaluation. Conversely, periods of slower money supply growth often correlate with weaker Bitcoin performance due to reduced capital available for riskier investments.

COVID-19大流行是一個相關的例子。 然後，M2貨幣供應的迅速擴張與比特幣最重要的牛市之一相吻合。 貨幣湧入經濟，再加上對通貨膨脹的擔憂，將比特幣投資增加了，作為防禦貶值的對沖。相反，由於可用於風險較高的投資的資本降低，貨幣供應增長較慢的時期通常與比特幣績效較弱相關。

Expert Opinions

專家意見

Vandell, co-founder of Black Swan Capitalist, emphasizes the direct impact of global M2 movements on Bitcoin, noting that a decline in M2 typically precedes a similar trend in Bitcoin and the broader crypto market by approximately ten weeks. Despite potential short-term corrections, he remains optimistic about long-term growth.

黑天鵝資本家的聯合創始人范德爾強調了全球M2運動對比特幣的直接影響，並指出M2的下降通常在比特幣和更廣泛的加密貨幣市場的趨勢之前大約十週。儘管潛在的短期糾正，他仍然對長期增長保持樂觀。

Prominent crypto analyst Michaël van de Poppe also views M2 expansion as crucial for early market recovery. He points to favorable conditions for Bitcoin and altcoins, citing slowing inflation, anticipated U.S. Federal Reserve rate cuts, and a weakening dollar.

著名的加密分析師MichaëlVande Poppe還認為M2擴展對於早期市場恢復至關重要。他指出，比特幣和山寨幣的有利條件，理由是通貨膨脹率放緩，預期美國的美聯儲降低稅率以及美元疲軟。

Historical Patterns and 2025 Projections

歷史模式和2025年預測

Economist Tomas draws parallels between the current market and previous cycles in 2017 and 2020, where significant M2 increases coincided with Bitcoin's strongest years. He suggests 2025 could follow a similar pattern, contingent on the extent of the U.S. dollar's weakening.

經濟學家托馬斯（Tomas）在2017年至2020年在當前市場和以前的周期之間取得了相似之處，在那裡，M2的大幅度增加與比特幣最強的歲月相吻合。他認為2025年可能遵循類似的模式，取決於美元削弱的程度。

Macro researcher Yimin Xu predicts that the Federal Reserve might cease its Quantitative Tightening (QT) policy later this year, potentially shifting to Quantitative Easing (QE) depending on economic circumstances. This would inject further liquidity into markets, bolstering Bitcoin's bullish momentum.

宏觀研究人員Yimin Xu預測，美聯儲將在今年晚些時候停止其定量收緊（QT）政策，並有可能根據經濟環境轉移到定量寬鬆（QE）。這將向市場注入進一步的流動性，增強了比特幣的看漲勢頭。

Bitcoin's Future Outlook

比特幣的未來前景

The confluence of expanding liquidity, evolving Federal Reserve policies, and potential political shifts in the U.S. suggests to analysts that Bitcoin is poised for another significant rally. March could mark the beginning of a bullish phase, making it a pivotal period for cryptocurrency investors.

擴大流動性，不斷發展的美聯儲政策以及美國潛在的政治轉變的匯合表明，分析師比特幣有望參加另一個重要的集會。三月可以標誌著看漲階段的開始，這是加密貨幣投資者的關鍵時期。