VanEck CEO: Bitcoin’s Tightening Link to Global M2 Money Supply Fuels $180K Price Target
Bitcoin's dance with global liquidity just got more intimate—and potentially more profitable.
The Correlation Catalyst
VanEck's chief executive spots Bitcoin's strengthening relationship with worldwide M2 money supply. This isn't just academic—it's fueling a bold $180,000 price prediction that's turning heads across finance circles.
Liquidity's New Best Friend
As central banks keep printing, Bitcoin's proving it's more than just digital gold. It's becoming the hedge against monetary expansion that crypto maximalists always claimed it would be—though traditional finance types still call it speculative nonsense between martini lunches.
The $180K Reality Check
While the target seems astronomical to skeptics, the M2 correlation provides mathematical heft to the bullish case. Suddenly, six figures doesn't seem quite so far-fetched when you're tracking the world's money printers.
Bitcoin 700x Gains Since 2013 Boosted By $100T Global Liquidity Rise
VanEck Investment Analyst Nathan Frankovitz observed that since 2013, global liquidity across the top five currencies has roughly doubled from $50 trillion to nearly $100 trillion, during which Bitcoin’s price has increased over 700x.
Among major currencies, the euro M2 money supply remains the strongest explanatory variable (r = 0.69, t = 10), which solidifies Bitcoin’s growing role as a neutral reserve asset amid synchronized currency debasement.
With bitcoin comprising approximately 2% of the global money supply, VanEck believes owning less than 2% of Bitcoin or other digital assets implicitly expresses a short position in the asset class.
#Bitcoin has reached 2% of all global money.
It’s happening
pic.twitter.com/3W16YBST0B
For these reasons, VanEck has reaffirmed its $180,000 year-end Bitcoin price target despite recent market volatility. VanEck believes the futures market plays a major role in whether Bitcoin can reach the ambitious $180K target.
Since October 2020, nearly 73% of Bitcoin’s price variance has been explained by changes in futures open interest (t = 71).
As of early October 2025, futures leverage sat near its 95th percentile, with cash collateral backing Bitcoin futures at record highs (~$145B).
Open interest peaked at $52B on October 6th before falling to $39B on October 10th following an 8-hour, 20% BTC drawdown.
Additionally, leverage has never sustained levels above 30% for more than 75 days, suggesting a limit on sustained risk appetite.
However, the composition of leverage has matured, with greater participation from institutions, miners, and ETF market makers shifting activity toward regulated venues like CME.
Recent Volatility and the Gold-Bitcoin Dynamic
Farzam Ehsani, Co-founder and CEO of VALR, told Cryptonews that gold’s recent $2.5 trillion market cap correction represents a natural cooling phase after an overheated rally, rather than a shift in investor confidence.
“The safe-haven debate may no longer be binary. Gold is resting, not retreating; Bitcoin is trying to catch up and not necessarily replace gold,” he added.
While Bitcoin’s upside isn’t assured, favorable macro developments such as soft U.S. CPI prints or easing trade tensions could shift capital rotation to BTC, supporting a potential rally toward $130,000-$132,000 in Q1 2026.
“Should the U.S. CPI print come out soft and trade talks yield a détente, investors may pivot from pure protection to growth participation. This shift WOULD strengthen Bitcoin’s relative appeal as it straddles both narratives,” Ehsani told Cryptonews.
Technical Analysis: Bitcoin Consolidates Before $120K Breakout
Bitcoin is consolidating within a range between $108,000 and $125,000, with the lower boundary acting as strong support.
The “Whale Buy Zone” around $108,600 suggests institutional accumulation, aligning with previous price reactions from this level.
As long as Bitcoin maintains support above $108,000, the chart structure favors a bullish continuation, with upside targets NEAR $129,200 and potentially $141,000 if momentum strengthens.
A clear break above $125,000 would confirm renewed bullish strength.
However, a decisive drop below $108,000 could open the path toward lower supports near $95,000.
Overall, the current formation indicates consolidation before a likely upward continuation toward $130,000+.
