Analysts anticipate a potential Bitcoin bull rally in 2025, driven by a declining US dollar and increasing global money supply. Bitcoin recently hovered near its all-time high of $100,000 before a 7% correction. Jamie Coutts from Real Vision suggests that a peak in the US Dollar Index (DXY) could benefit risk assets, including Bitcoin, starting a bullish trend for 2025. The M2 money supply's positive growth since May suggests inflation hedging with Bitcoin, which has seen a 58% increase since the M2 turned positive. With the global M2 projected to rise significantly due to Federal Reserve liquidity injections, Bitcoin's price could exceed $132,000 in 2025. The recent support for cryptocurrencies following Donald Trump's victory may also spur a market rally, coupled with ongoing Bitcoin acquisitions by firms like MicroStrategy and increasing daily active addresses. However, a significant resistance level in DXY remains a point of concern.

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