Bitcoin Surges 22% as Global Liquidity Hits 2025 High

Bitcoin has entered a new phase of distribution after surpassing 107,000, coinciding with a sharp rise in global liquidity in June. The global M2 supply increased by over 22,000 since May, closely following Bitcoin’s price movement. This shift marks a transition from previous accumulation and manipulation phases to a macro-driven trend influenced by liquidity expansion.

Bitcoin has exited a prolonged range and entered a new distribution phase as global M2 liquidity reached its highest levels in 2025. A comparative chart between Bitcoin price and M2 global money supply shows a break from previous constraints. The chart, shared on June 28, 2025, suggests liquidity remains the dominant market driver. The timeline tracks Bitcoin’s journey through clear accumulation and manipulation zones before rallying into the current distribution zone. Bitcoin’s price, plotted in orange, closely followed the global M2 supply line, plotted in blue, during earlier phases. That correlation appears to have strengthened again during the current price surge.

The chart highlights three key phases leading up to the current market structure: accumulation, manipulation, and now distribution. Bitcoin remained within the 108,000–110,000 range from November through February while M2 rose slowly. During this phase, labeled as accumulation, both assets moved in relatively tight correlation. The market then entered a manipulation stage in March, where Bitcoin’s price experienced erratic movements disconnected from liquidity trends. That zone, marked in red, suggests significant shakeouts occurred during a period of consolidation. In April, a strong recovery in M2 was followed by a Bitcoin breakout, aligning the two indicators again. This pattern hinted at the return of institutional or macro-driven flows. Price stability returned only when liquidity growth resumed. That recovery ultimately led to the price breakout in May, ending months of range-bound movement. From there, the price began aligning again with broader macro liquidity trends.

The chart now shows Bitcoin within a green-shaded distribution zone, reflecting broad upward movement alongside surging M2. Global M2 climbed from 106,000 to over 128,000 during this cycle. Bitcoin’s price moved from 107,000 to levels above 132,000. The alignment of both metrics indicates that the distribution phase is now liquidity-driven. Supply expansion may be increasing risk appetite and fueling continued demand at higher price levels. However, distribution phases are often followed by volatility or directional shifts. The current momentum could exhaust without continued liquidity support or fundamental triggers. Traders watching the liquidity chart see M2 as a key guide for the next major move. A new microstructure appears on the right side of the chart, repeating the earlier accumulation-manipulation-distribution cycle. This visual repetition suggests Bitcoin could replicate past patterns depending on how M2 behaves.

Crypto Patel, who shared the chart, described the M2 breakout as a key factor propelling Bitcoin’s recent gains. He wrote that “global liquidity is EXPLODING” and declared the market to be in “distribution phase loading.” The chart also notes that Bitcoin broke “free from the trap,” referencing its move beyond the previously tight range. Visual patterns on the bottom right mirror the larger market phases, hinting at potential fractal behavior. Liquidity trends have historically correlated with asset performance. The recent surge in M2 aligns with Bitcoin’s sharp rise and could continue guiding short-term price behavior. Traders may use M2 tracking as a forward indicator while watching for confirmation through price action.