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Different conditions this cycle. Liquidity, ETFs, institutional flows, macro, all of it changed the rhythm. I wouldn’t read Jan and Feb being red as some doom signal. Nothing about this cycle has followed the old playbook anyway. BTC doesn’t need to behave like prior years to stay bullish. If anything, every meaningful pullback just gets absorbed faster now. Whales and institutions step in the moment price gets attractive. The long term direction hasn’t changed. Supply is fixed, demand keeps expanding, and capital keeps rotating toward it. $1M BTC in the next few years isn’t some crazy idea anymore. It’s the logical endgame if adoption and capital inflows keep compounding the way they are.

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