{"content":"📈 BTC Eyes Upside as Global Trade Pact Reignites Bullish Momentum The Bitcoin price is barely 4% behind its all-time high of $123,000, but crypto expert Doctor Profit has produced a fresh study that may boost investor optimism and imply a new rise. Bitcoin Price to Rise After Trade Deal In a recent post on X (formerly Twitter), Doctor Profit noted that Bitcoin has broken through a diagonal resistance line on its monthly chart, which had held it back for months. The expert forecast multiple Bitcoin price rejections at this important barrier level from November 2024 to February 2025. After a significant breakthrough this month, the cryptocurrency retested $114,000 on Friday and formed a “strong bullish impulse”. Doctor Profit said this breakthrough suggests the market is ready for a rise. Even he thinks that the “bullish chart” will dominate social media debates. White House announcements on a US-Europe trade agreement on Monday boost hope. Doctor Profit stated that tariffs have slowed Bitcoin and the stock market. The expert claims that a new trade pact worth $750 billion in US energy exports and $600 billion in EU investments has reduced pressure. Links Between M2 Money Supply and BTC Potential Doctor Profit noted that the M2 money supply impacts Bitcoin prices macroeconomically. Bitcoin rose 800% when M2 expanded 25% in 2020 due to pandemic efforts. Despite Fed quantitative tightening, M2 has risen 2.3% since 2025. This suggests that the Fed may soon embrace more aggressive monetary measures, according to the researcher. Historically, M2 rises have been linked to Bitcoin price swings, with the analyst projecting a 30-35% Bitcoin price gain for every 1% increase in M2. M2 expanded most between May and June 2025, when it rose 0.63%. Given Bitcoin's average latency in reaction to M2 changes—60 to 90 days—this might lead to a 15-17.5% rise in the next weeks, pushing Bitcoin beyond $130,000. No interest rate reduction are expected at the Wednesday FOMC meeting. #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/29/7b8f239958bc49ea8e8a24675358616d.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}