Bitcoin is likely to probe the mining cost price around $40,000 with a pin down, but before that, it will first rally to $82,000-$84,000 to sweep away short liquidity above.
Market momentum is ahead of historical patterns. Originally expected to bottom in October, it's now anticipated to complete the bottom formation and launch a new bull market in August-September. This round of capital will be highly concentrated in Bitcoin, with ETFs, institutions, and sovereign funds continuing to enter. Bear market buying is far exceeding previous cycles. April-August is the grinding phase at the bottom—hold spot positions steady, buy more on every dip, and must stay away from leverage.
Subsequently, capital will flow from gold and US equities toward Bitcoin, with the correlation becoming significantly weaker. Only a small number of quality application altcoins will outperform BTC. Ethereum will lead the next bull market cycle. $BTC $ETH
Bitcoin is likely to probe the mining cost price around $40,000 with a pin down, but before that, it will first rally to $82,000-$84,000 to sweep away short liquidity above.
Market momentum is ahead of historical patterns. Originally expected to bottom in October, it's now anticipated to complete the bottom formation and launch a new bull market in August-September. This round of capital will be highly concentrated in Bitcoin, with ETFs, institutions, and sovereign funds continuing to enter. Bear market buying is far exceeding previous cycles. April-August is the grinding phase at the bottom—hold spot positions steady, buy more on every dip, and must stay away from leverage.
Subsequently, capital will flow from gold and US equities toward Bitcoin, with the correlation becoming significantly weaker. Only a small number of quality application altcoins will outperform BTC. Ethereum will lead the next bull market cycle. $BTC $ETH