<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5N2NiZWQtNGM3Mi03MjZmLWFkNWEtNzVlNDc4YjZjYTZl.jpg" alt="Bitcoin price target ‘sits around $170K’ as global M2 supply reaches record high"></p><p>Bitcoin's bullish outlook strengthens as the US dollar drops 10.8% in its worst H1 performance since 1973.</p>