<ul data-eligibleForWebStory="true"><li>Crypto analyst Colin highlights Bitcoin price's deviation from the Global M2 money supply, sparking concerns about the bull run potentially ending.</li><li>Colin notes that such deviations are common but do not invalidate the overall macro trend in the market.</li><li>The current deviation in Bitcoin price from the M2 money supply is similar to a previous position in February 2025.</li><li>Market expert Raoul Pal suggests that Bitcoin's price correlation with money supply indicates no need to worry about current price fluctuations.</li><li>Pal explains that if 89% of Bitcoin's price action is tied to global liquidity, then news and narratives play a minimal role.</li><li>Geopolitical risks like the Israel-Iran conflict may have a lesser impact on Bitcoin's price due to its correlation with money supply.</li><li>Trading firm QCP Capital notes Bitcoin's matured market behavior despite external pressures, attributing it to institutional accumulation and positive Bitcoin ETF flows.</li><li>The Bitcoin price is currently around $104,700, showing a decline in the last 24 hours.</li></ul>

Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over?

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