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.

比特币飙升至92,000美元，在24小时内增长了近5％，这是由于唐纳德·特朗普即将在白宫举行的加密峰会的预期所吸引。 价格从87,500美元的低点增加到92,760美元的高价，目前稳定在91,500美元左右。这种向上的趋势对Altcoins产生了积极影响，Solana（Sol），XRP和Dogecoin（Doge）也显示出恢复的迹象。

M2 Money Supply and Bitcoin's Growth

M2货币供应和比特币的增长

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.

分析师正在密切监视全球M2货币供应，这是财务流动性，包括现金，存款和近货币资产的关键指标。 从历史上看，比特币的价格与M2的扩展相关。增加的流动性通常会增加对加密货币等替代资产的需求。 自2024年底以来，全球M2的急剧上升使专家预测了3月下旬至2025年5月中旬之间的大量比特币集会。

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.

加密分析师Colin Thalks Crypto强调了全球M2的急剧增长，将其描述为图表上的“垂直线”，这是潜在资产价格飙升的有力指标。他预计将于3月25日，持续到5月14日，将涵盖比特币，股票和更广泛的加密货币市场。

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大流行是一个相关的例子。 然后，M2货币供应的迅速扩张与比特币最重要的牛市之一相吻合。 货币涌入经济，再加上对通货膨胀的担忧，将比特币投资增加了，作为防御贬值的对冲。相反，由于可用于风险较高的投资的资本降低，货币供应增长较慢的时期通常与比特币绩效较弱相关。

Expert Opinions

专家意见

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.

黑天鹅资本家的联合创始人范德尔强调了全球M2运动对比特币的直接影响，并指出M2的下降通常在比特币和更广泛的加密货币市场的趋势之前大约十周。尽管潜在的短期纠正，他仍然对长期增长保持乐观。

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.

著名的加密分析师MichaëlVande Poppe还认为M2扩展对于早期市场恢复至关重要。他指出，比特币和山寨币的有利条件，理由是通货膨胀率放缓，预期美国的美联储降低税率以及美元疲软。

Historical Patterns and 2025 Projections

历史模式和2025年预测

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.

经济学家托马斯（Tomas）在2017年至2020年在当前市场和以前的周期之间取得了相似之处，在那里，M2的大幅度增加与比特币最强的岁月相吻合。他认为2025年可能遵循类似的模式，取决于美元削弱的程度。

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.

宏观研究人员Yimin Xu预测，美联储将在今年晚些时候停止其定量收紧（QT）政策，并有可能根据经济环境转移到定量宽松（QE）。这将向市场注入进一步的流动性，增强了比特币的看涨势头。

Bitcoin's Future Outlook

比特币的未来前景

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.

扩大流动性，不断发展的美联储政策以及美国潜在的政治转变的汇合表明，分析师比特币有望参加另一个重要的集会。三月可以标志着看涨阶段的开始，这是加密货币投资者的关键时期。