source avatarCrypto Jebb

Share

The Bitcoin bull market is confirmed—here is the macro & structural thesis you need to know: 1️⃣ Macro & Market Drivers: • The pullback to $84k is primarily a bond market story (10Y yield near 5.1%), not a crypto breakdown. • ETF inflows and long-term institutional conviction remain rock solid. 2️⃣ Market Cycle Structure: • This is NOT a 2022-style fakeout. After a 250-day, 53% reset, Elliott Wave corrective structure is complete. • Holding above the $82K breakout level confirms we are in structural accumulation/expansion, not distribution. 3️⃣ Short-Term Price Action: • Bearish RSI divergence signals a healthy short-term shakeout to liquidate late leverage. • Even a deeper pullback toward the $74k–$80k range leaves the macro bull trend fully intact. 4️⃣ Target: • Conservative cycle projection: $230,000+ Full breakdown from today’s stream: https://t.co/YcpBccHGoO

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.