Bitcoin’s Price Prediction: Will Global M2 Point to $300,000?

A chart circulating in crypto circles claims global money supply points to Bitcoin hitting $250,000 to $300,000, and prominent voices are taking it seriously. But the math behind it hides a flaw that lets anyone bend the prediction to fit…

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Bitcoin (CRYPTO: BTC) is trading at $82,965 as of October 11, 2026, down 5.3% so far this year. Yet, a frequently shared global M2 Bitcoin chart circulating in crypto discussions posits a much higher potential price.

Bill Barhydt, CEO of the crypto firm Abra, recently referenced this chart on The Pomp Podcast. He stated, “If you look at the charts that everybody likes to show with global M2 versus Bitcoin, they’re all saying Bitcoin should be around 250 to 300k-ish in that range,” in an episode aired on October 8.

Many who share this chart may not fully understand what it measures or how it was constructed. So, can the amount of money in the world really indicate where Bitcoin’s price is headed?

What the Global M2 Bitcoin Chart Shows and Why Bulls Trust It

M2 measures how much money exists in an economy, including cash, checking accounts, and easily accessible savings like money market funds. The global M2 aggregates these figures across major economies, providing a rough estimate of the total money available worldwide.