M2 Liquidity Hits $112T and Bitcoin Eyes New Price Levels

- Bitcoin price bounced from $98K to $107K after reclaiming strong support zones above $104K.
- ETF net inflows surged to $800M in one day showing rising interest from large buyers.
- Global M2 liquidity reached $112T with Bitcoin price reacting after a 90-day delay pattern.
Bitcoin surged to $107,000, recovering from a $98,000 low as institutional inflows and global liquidity rose sharply. A chart posted by an analyst on X showed Bitcoin is tracking global M2 liquidity with a three-month lag. The data confirmed M2 hitting $112.413 trillion, suggesting a strong macro push behind Bitcoin’s continuous climb.
Source: X
From December 2023 to mid-2024, M2 rose from $100T to $104 trillion. The token followed by jumping from $42,000 to $84K. Both metrics then consolidated through Q3 2024, maintaining a look alike pattern with very little deviation.
By late 2024, M2 resumed its climb that crossed $108 trillion. Bitcoin responded in Q2 2025, breaking above $100,000 and climbing toward current levels. With a 90-day lag in place, the chart projection now suggests Bitcoin may target $150,000 if the M2 uptrend persists.
Key Chart Patterns Reflect Strong Technical Reversal
On TradingView, Bitcoin’s daily chart showed a clean rounded-bottom formation at $98,014. The recovery filled the fair value gap (FVG) between $102,000 and $105,000. This zone also aligns with the 0.5 Fibonacci level marked at $104,973, which was quickly reclaimed by buyers.
Source: TradingView
The simple moving average (SMA), or 50-day, is at 105,724, and it too is providing strong support to the price structure and is almost neck and neck with the price. Conversely, SMA 200 is priced at $96,088, which provides an additional safety net in the event the sellers resurface. The Fibonacci structure is still kept as the support has been verified at the 1.0 retracement level, and the possibility of a downside movement is confined to only up to $94,228.
On the MACD, which was constructed using 12- and 26-day moving averages, the MACD line is at 101 and slowly converging towards the signal line at 67. In case there is a crossover, it might even increase the bullish reversal setup that is being built on the chart.
This structured recovery, supported by moving averages and clear technical levels, strengthens the bullish continuation thesis mapped against global liquidity dynamics.
Related:Bitcoin Surges as Global M2 Liquidity Soars to Record Levels
ETF Flows Show $800M Surge in One Day
Glassnode data from June 25 displayed a major spike in U.S. spot Bitcoin ETF inflows, which was close to touching $800 million in one day. This marks one of the strongest ETF inflow events since March 2025. Bitcoin’s recovery beyond $107,000 occurred simultaneously, suggesting close correlation with institutional buy-ins.
Source: Glassnode
Between March and April, net flows remained mixed. March 9 saw the worst single-day outflow at $1.2 billion. During this time, Bitcoin fell below $63,000. After late April, sentiment shifted. Inflows surpassed $600 million on May 6 and again on May 21, supporting Bitcoin’s push from $70,000 to over $105,000.
Although mid-June saw brief outflows, recent data showed a resurgence. Inflows steadily climbed over 10 days, reaching $600 million on June 24 before surging to $800 million the next day. This inflow dominance signals strong institutional interest.Will this consistent accumulation push Bitcoin toward $150,000 as projected by the liquidity chart? With ETF flows peaking, technical indicators aligning, and M2 liquidity expanding rapidly, the macro environment now mirrors the 2021 bull cycle conditions, pointing toward possible historic highs.