Bitcoin to $90K?! China’s Money Printer Goes BRRR! 🚀

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Right then, amidst the legendary Trump Chain tariff war – which sounds suspiciously like a badly-named restaurant chain 🍔 – China’s coffers have overflowed to a record high of $326 trillion! That’s a lot of zeroes, innit? 💰 More money swilling about than you can shake a stick at. Some pointy-headed experts reckon this could give Bitcoin a bit of a shove, possibly even all the way to $90k. Crikey!

China’s M2 Surges to $326 Trillion (That’s a Lot of Tea Money!)

Now, M2, see, that’s a fancy way of saying how much dosh a country’s got sloshing around. It’s all the cash, savings, and easily-grabbed deposits. When M2 goes up, usually it means the government’s chucking more liquidity into the system – like adding water to a particularly weak brew. This can make borrowing a bit easier and encourages spending, or even – gasp – investing. 💸

And wouldn’t you know it, China’s M2 money supply has gone bonkers, hitting $326 trillion! Experts (the same ones who can never find their socks, probably) are saying this sort of liquidity could give a boost to those riskier assets like Bitcoin, other cryptocurrencies, stocks, and even real estate. Property prices in Slough, here we come! 🏡

So, the more lucre there is, the more likely folk are to chuck some at crypto, which, if enough do it, can send prices skyward. It’s like a financial see-saw, only with more confusing bits. 💱

Some crypto chap called Kong Trading (sounds like a dodgy import-export business) reckons, “China money printers are back on. Risk assets are about to go parabolic.” Well, isn’t that just grand? 🚀

China’s M2 money supply just hit ¥326 TRILLION.

The money printers are back on. Risk assets are about to go parabolic.

— Kong Trading (@KongBTC) April 17, 2025

In simpler terms (because we don’t want to tax your brain too much), when there’s more money knocking about, prices of risky investments like crypto might just take off. Hold onto your hats! 🎩

Bitcoin Could Hit $90K Soon (Or Not. Who Knows, Really?) 🤔

According to Brickken analyst Enmanuel Cardozo D’Armas (try saying that after a few pints), if China’s M2 keeps ballooning, Bitcoin might just tickle the $90,000 mark. As we speak, Bitcoin is bopping around $85,000, which is a 0.5% rise in the last 24 hours. Small beer, really. 🍺

Backing up Enmanuel’s prediction is market guru and Chartered Market Technician (CMT) Aksel Kibar. He says it’s ruddy important for Bitcoin to stay above its year-long average price to keep the good times rolling.

He also mentioned that $90,000 is a big ol’ level to keep an eye on. If Bitcoin manages to clamber above it, the price might just start waltzing towards the next big target, $100k. Blimey! 😲

But Risks Still Remain (As Always, Of Course) ⚠️

While things look promising (sort of), the analysts (bless their cotton socks) are warning us there are still wobbles. A possible interest rate cut in the U.S. in May or June could help give crypto a bit of a lift.

But nasty things like stricter regulations or rising trade squabbles could put the kibosh on things. Also, the end of Trump’s 90-day tariff pause will likely cause a bit of a kerfuffle in the market. So, buckle up, buttercups! 🎢

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2025-04-19 10:26