🚀 Attention crypto enthusiasts! The growth of the M2 money supply in the US could be the key to a new bullish momentum for Bitcoin (BTC), according to market analysts. The M2 supply includes all cash and short-term bank deposits in the US and its growth has historically been correlated with Bitcoin bull runs.

Furthermore, the price of the US dollar could be another catalyst for the price of Bitcoin if it falls below the 101 mark.

On the other hand, Bitcoin broke its one-month daily downtrend on May 16, which could signal an upcoming uptrend. However, Bitcoin's Relative Strength Index (RSI) indicates that it might need to fall around the 50 mark before BTC price can see more bullish momentum.

📣 What do you think of this news? Do you think Bitcoin is ready for another bull run? Share your thoughts in the comments! 📊💬