Analysts: Multiple positive factors resonate, Bitcoin aims at $130,000 After Bitcoin broke through the long-term trend line resistance since its historical high in 2021 yesterday, analysts considered technical interpretation, macroeconomics and geopolitical signals and locked the next key target at $130,000. This technical breakthrough argument is also supported by multiple positive factors. These include the $1.35 trillion trade agreement reached by the United States and Europe last weekend, which eased global trade tensions; the US M2 money supply increased by 2.3% this year, with a significant acceleration in the May-June period; and the continued daily inflow of funds from ETFs still far exceeds the supply of Bitcoin mining. The market reacted quickly and strongly. After the announcement of the US-EU trade agreement last weekend, the price of Bitcoin once climbed to more than $119,000, and BNB even hit a record high of $850. Analyst Doctor Profit pointed out that this breakthrough is of special significance because the resistance level was encountered four times between November 2024 and February 2025, and the effective breakthrough and successful backtest in July indicate that a more lasting upward trend is forming. From the perspective of macro liquidity, the growth of M2 money supply is significantly correlated with the price of Bitcoin. Historical data shows that every 1% increase in M2 usually corresponds to a 30%-35% increase in Bitcoin. If this pattern continues, the 2.3% M2 growth rate from the beginning of the year to date may push Bitcoin up another 15%-17.5%, thus reaching the target of $130,000. Although the Federal Reserve may keep interest rates unchanged this week, the market has already felt the warmth of the improved liquidity environment. It is worth noting that although Bitcoin's short-term performance is slightly inferior to altcoins such as Ethereum, its core advantages remain solid. Spot ETFs continue to act as a "gold-absorbing black hole", and institutional investors such as BlackRock alone have absorbed funds several times the output of Bitcoin. This fundamental change in the supply and demand structure is building a more solid value foundation for Bitcoin. When technical breakthroughs meet macroeconomic improvements, the market seems to be brewing a more explosive rally. What do you think of analysts' views on Bitcoin's upcoming target of $130,000? Is the technical breakthrough just a short-term market resonance, or the prelude to a new round of bull market? Share your views and predictions in the comments section! #BitcoinMarket #TechnicalAnalysis #Macroeconomics