Engineer Ted Boydston Predicts Major Bitcoin Bull Run Ahead as BTC Holds Steady Near $94k

bitcoin has faced a period of minimal recovery, currently hovering around $93,500 after reaching its all-time high of $108,600 just days ago. Despite the fluctuations in the cryptocurrency market, seasoned investors express their belief that this downtrend is temporary. Notably, Ted Boydston, a prominent engineer, insists that an explosive Bitcoin bull run is imminent, drawing upon analyses of the M2 monetary supply.

### Analyzing the Path to a Major Bull Run

In a recent social media post, Boydston shared compelling insights regarding Bitcoin’s anticipated price dynamics. His analysis hinges on the M2 money supply, which encompasses total liquid cash circulation, including physical cash, checking deposits, and other near-money instruments such as savings and money market accounts. This metric is a significant economic indicator, profoundly impacting diverse financial markets, including cryptocurrency.

The engineer highlighted that the price oscillator derived from the Percentage Price Oscillator (PPO) of M2 has recently settled at a level that signals a buy opportunity, indicated by a transition into the green zone. Historically, similar signals have often preceded substantial money printing initiatives, which typically catalyze Bitcoin’s distinctive bull runs.

During a bull market phase, investors frequently encounter heightened price volatility and swift appreciation. Although these indicators have proven accurate in the past, data from 2016 serves as a cautionary tale: then, the price oscillator did not generate the expected signal during the Bitcoin halving event, which primarily fueled the price rally.

The prevailing sentiment among investors is increasingly optimistic, with expectations that Bitcoin will reclaim its prior support levels and potentially surpass its all-time high of $108,600.

### Expert Forecasts for Bitcoin’s Price Trajectory

The crypto community has long debated Bitcoin’s price targets, previously focusing on the $100,000 landmark. Following its recent achievement, conjectures have shifted toward even more ambitious forecasts. Some analysts suggest Bitcoin could soar to $152,000 or even touch the million-dollar mark. However, Boydston proposes a more grounded target of $226,000 based on his analysis.

Boydston elaborates that Bitcoin’s cycle typically peaks near the 0.382 Fibonacci retracement level, and if current data holds, it supports a projection of $226,000 for this cycle’s bull run. Another well-regarded crypto analyst echoes this sentiment, positing that Bitcoin could reach $226,000 by mid-2025, with indications that an Altcoin season will follow shortly thereafter.

The unity in these price forecasts enhances their plausibility, with increasing backing from various analytical models. Moreover, the Tether currency’s dominance has become a focal point of concern, particularly with its declining circulating supply amid regulatory scrutiny, particularly from Europe regarding potential restrictions.

### Implications of New Trends on Investor Sentiment

Ted Boydston’s analysis introduces a fresh perspective on the potential for an imminent bull market in Bitcoin. The M2 money supply’s recent buy signal heralds the possible onset of Bitcoin’s manic trading phase. In tandem with this analysis, predictions suggest that Bitcoin’s price could rise to $226,000 by June 2025, followed by a significant rally in Altcoins. For many investors, this scenario could signify prosperity amid a largely volatile crypto landscape.

However, individuals are cautioned to maintain a cautious stance. The path toward realizing these ambitious forecasts is fraught with uncertainties, influenced by a variety of market factors. Investors should prioritize thorough technical analyses and sound decision-making over reliance on fluctuating and often speculative predictions made by internet analysts.

The rapidly evolving cryptocurrency ecosystem demands proactive engagement from investors, urging them to stay well-informed and agile in their strategies. Effective investment in the cryptocurrency market requires a careful blend of technical insight and market awareness, and those prepared may find themselves ideally positioned to navigate the anticipated transformations.