According to Forbes, Matt Mena, a cryptocurrency research strategist at 21Shares, said: As the M2 money supply begins to rise again, historical data suggest that some liquidity will flow into bitcoin and other digital assets. Historically, the bitcoin price has tracked the M2 money supply, which is the Federal Reserve's estimate of current assets, including cash, deposits in checking accounts, savings accounts, and other short-term savings vehicles such as money market funds. If bitcoin continues to follow the growth of the money supply, we could see a price of $150,000 per bitcoin by the end of the year, Anthony Pomp Pompliano, a cryptocurrency influencer who will lead a new bitcoin acquisition firm, wrote in an email.