Expect A New Bitcoin Price Rally: Analyst Connects M2 Lag To $130,000 Target
July 29, 2025 · 9:00 AM
Bitcoin is currently just 4% below its all-time high of $123,000, and crypto analyst Doctor Profit has released a report suggesting a potential rally. He notes that Bitcoin has recently broken through a significant resistance level that had previously hindered its price for months. Following this breakout and a successful retest at $114,000, Doctor Profit believes the market is primed for upward movement, especially after the announcement of a US-Europe trade deal that alleviates concerns over tariffs.
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