Bitcoin News: Bitcoin Could 6x by 2026 as Global M2 Liquidity Surges to Pandemic Levels

Key TakeawaysGlobal M2 money supply has risen 6.2% since March, its fastest pace since the COVID-19 liquidity boom.If Bitcoin mirrors its 2020–2021 performance, BTC could reach $500,000 by 2026, according to Onramp Bitcoin’s Jesse Myers.Analysts note that central bank rate cuts and persistent inflation are driving the latest expansion in liquidity.M2 Money Supply Growth Reignites Bitcoin Bull CaseBitcoin could be poised for another major rally if history repeats.According to analysis by Onramp Bitcoin co-founder Jesse Myers, the global M2 money supply—a measure of cash and liquid assets—has surged to $137 trillion, up from $129 trillion six months ago.Myers described the move as “the hottest pace since COVID,” adding that the 2020–2021 liquidity wave triggered a sixfold Bitcoin rally that took prices from $10,000 to nearly $60,000 within months.“Gold has rallied in response. Bitcoin seems to be lagging — just as it did in 2020,” Myers noted, suggesting BTC may again be in a delayed reaction phase.A Repeat of the 2020 Bitcoin Rally?During the 2020 pandemic stimulus period, global M2 supply expanded by 21%, setting off one of Bitcoin’s strongest bull runs.The current 6.2% year-to-date rise could foreshadow another significant move, especially as central banks worldwide cut rates amid sticky inflation.If Bitcoin’s price follows a similar pattern, BTC/USD could climb above $500,000 by 2026, Myers projected.Meanwhile, U.S. M2 reached a record $22 trillion, according to Barchart data, underlining the liquidity surge in major economies.Analysts See Classic “Printing Effect” on BitcoinAsset manager Lawrence Lepard echoed this view, calling M2 growth the real measure of inflation, as opposed to the Federal Reserve’s 2% inflation target, which he dismissed as “largely symbolic.”Lepard and other macro analysts argue that continued monetary easing will eventually fuel risk assets, with Bitcoin benefiting as a hard-money hedge.Markets currently expect the Federal Reserve to begin cutting rates in early 2025, a move that could further accelerate global liquidity growth, according to Cointelegraph.