Is Bitcoin on the verge of a breakout? 5 Key Developments to Monitor as M2 Money Supply Increases and Trade War Concerns Rise

Currently, Bitcoin is valued at around $84,771, demonstrating strength amid increasing trade tensions in the U.S. and a growing global M2 money supply. Despite these broader economic challenges, several key elements could influence Bitcoin’s trajectory in the coming months. As we progress through the third week of April 2025, Bitcoin (BTC) finds itself at a pivotal moment due to escalating trade conflicts and unprecedented levels of global liquidity. In this context, Bitcoin reached an unprecedented peak of $109,114.88 earlier this year, fueled by a rise in institutional interest and revived optimism for favorable cryptocurrency regulations from President Donald Trump’s administration. However, the celebration was short-lived… Since January, Bitcoin has experienced significant volatility. In February, the value fell under $90,000 due to increasing trade conflicts, and on March 793, it dropped below $80,000 for the first time in several months. Despite these adjustments, BTC has recently shown a certain level of stability around the $84,000 level. Let’s explore a few factors that may influence Bitcoin’s trajectory in the coming weeks, particularly the impact of trade war instability. In March, the United States escalated its trade conflict with China by increasing the tariff on Chinese imports from 10% to 20%. China promptly responded by imposing increased tariffs on American agricultural goods, such as soybeans.