Santa Rally Ahead: Global M2 Growth and Policy Shifts Boost Bitcoin Momentum

͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­

	Forwarded this email? Subscribe here for more Coinbase predicts strong December for Bitcoin Santa Rally Ahead: Global M2 Growth and Policy Shifts Boost Bitcoin Momentum Bitcoin Magazine Pro Dec 8   READ IN APP   What’s Happening Coinbase makes strong December prediction for Bitcoin. Bitcoin ETFs rebound to inflows. JP Morgan says Strategy is key to Bitcoins next move. Two Casascius coins with $2,000 Bitcoin move after 13 years dormancy. YOUTUBE ANALYSIS: Evidence that the Bitcoin Bear may already be over. Price Action This past week has seen BTC rally up from the lows around $80,000. Currently up at $91,244 it has gained +5.72% over the past week. Figure 1: BTC price has rebounded this past week. There is still a lot of work for Bitcoin to do though, to recover and climb back up to the highs we saw in recent months. Verses 3 months ago, BTC remains down -20.67%. Figure 2: BTC past 3 months price activity. The first major target to conquer remains the 1-year moving average, which is around the psychological resistance of $100,000. Figure 3: 1-year moving average target. That is a key level for BTC because it has always served as a line in the sand between bull and bear markets. The Big Story: Coinbase Forecasts A December Rally According to a recent Coinbase Institutional report, Bitcoin may be entering one of the most constructive phases it has seen in months. Coinbase Institutional is highlighting a combination of improving macro conditions and a meaningful shift in long-term holder behaviour that together could set the stage for a stronger December. On the macro side, Coinbase Institutional points to a clear uptick in global liquidity, led by rising M2 money supply and loosening financial conditions in several major economies. Figure 4: Global M2 Liquidity continues to rise. Markets are also now pricing in a high probability that the Federal Reserve will cut rates at the December 10 meeting. If that happens, it would represent a decisive pivot from the tightening narrative that has weighed on risk assets for much of the year. Figure 5: Fed Interest Rate over the past 7 years. According to Coinbase, this type of backdrop has historically been fertile ground for Bitcoin recoveries, raising the possibility of a “Santa rally” into year-end. Macro conditions are only part of the story. One of the more notable developments is the cooling of long-term seller activity. After months of steady distribution from seasoned holders, which contributed to persistent overhead supply, Coinbase notes that this selling pressure has now eased significantly. Long-term holders are no longer offloading coins at the same pace, which reduces a major drag on price and allows spot demand to have more influence. This is evident in the recent uptick in the 5-year HODL wave, which shows that the percentage of bitcoin held for more than 5 years has started to increase again. Figure 6: +5yr HODL wave decline has recently stopped. In previous cycles, similar slowdowns in long-term distribution have coincided with early-stage recoveries. There are still potential obstacles. ETF flows remain mixed, investor sentiment is cautious, and any unexpected hawkish tone from the Federal Reserve could quickly weaken momentum. Even so, the combination of improving liquidity, a possible policy shift, and reduced structural selling suggests that Bitcoin enters December with a stronger foundation than it has had in several months. Figure 7: Bitcoin monthly price performance. If these trends hold, a renewed upward phase may not be far off, which could lead to a brighter finish to the year for BTC price performance. You can subscribe to view all of these charts and set alerts so you never miss a thing on our platform here. The Bitcoin Magazine Pro Team. Bitcoin Magazine Pro For more detailed Bitcoin analysis and to access advanced features like live charts, personalized indicator alerts, and in-depth industry reports, check out Bitcoin Magazine Pro. Make Smarter Decisions About Bitcoin. Join millions of investors who get clarity about Bitcoin using data analytics you can’t get anywhere else. GO TO FREE CHARTS SIGN UP NOW We don’t just provide data for data’s sake, we provide the metrics and tools that really matter. So you get to supercharge your insights, not your workload. Take the next step in your Bitcoin investing journey: Follow us on X for the latest chart updates and analysis. Subscribe to our YouTube channel for regular video updates and expert insights. Follow our LinkedIn page for comprehensive Bitcoin data, analysis, and insights. Explore Bitcoin Magazine Pro to access powerful tools and analytics that can help you stay ahead of the curve. Invest wisely, stay informed, and let data drive your decisions. Thank you for reading, and here’s to your future success in the Bitcoin market! Subscribed Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. We sincerely appreciate your support and hope you found this content valuable. Please leave a like and let us know your thoughts in the comments section; we always welcome feedback from our audience! Share Like & Comment Share Bitcoin Magazine Pro   Like Comment Restack   © 2025 BTC Inc. 438 Houston Street, Suite 257, Nashville, TN 37203 Unsubscribe