The Bitcoin bull market is officially confirmed. Here is our full macro & technical thesis on where BTC goes next, why the bottom is in, and our cycle targets 🧵👇 1. Critical Level Cleared Bitcoin broke through the crucial $82,000 line in the sand, closing three consecutive daily candles above it. Rather than triggering institutional sell-offs, we saw over $2B in inflows across the breakout—signaling massive conviction from both retail and institutions. 2. Short-Term Dynamics & Support Due to daily RSI divergence, a brief cooling-off/correction is healthy and expected. • Key Convergent Support: The 0.236 Fibonacci level sits at ~$79K–$80K, aligning directly with the 365-day moving average. • A dip into the $79K–$80K zone represents a prime long entry opportunity rather than a trend reversal. 3. Cycle Structure: The Elliott Wave Completion We completed a textbook 1-2-3-4-5 Elliott Wave structure to close out the bear market. The current price action mirrors the breakout from $25.2K in 2023—confirming that the bottom is firmly behind us. 4. The Great Debasement & Institutional InflowsWith US 10-year Treasury yields spiking to multi-year highs and persistent currency debasement, investors are viewing Bitcoin as the ultimate antidote to monetary chaos. • Expecting $100B–$300B in ETF inflows (primarily IBIT & FBTC) this cycle. • Much of this demand is locked into long-term retirement accounts, permanently elevating Bitcoin’s price floor. 5. Cycle Targets Utilizing the Quantile Model: • Base Case Target: $230,000 – $270,000 • Bull Case Extension: Up to $500,000+ Full breakdown and technical charts in the video below 🎥 👉 https://t.co/yskVnu42GX
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