I believe Bitcoin will make a new ATH within 90 days, and here's why.
When Bitcoin climbed from -50% below its all-time high back to -30%, it made a new ATH within 75 days (median 24). Every time. 100% hit rate across all macro regimes and conditions.
It never went to a new cycle low first.
The -30% mark is about $88,000. I think once it passes that, probably later this month, a new ATH is imminent.
I did this research with the help of bluroo ai
@BitcoinMagazine@watchbmtv@GraceRemiTV@realseanhagan@grok has this been expected or is this somewhat unexpected news? Are you sensing a change in tone lately from china and russia towards btc? Is there a global “btc race” unfolding to keep up with USA?
JJUST IN: China's crypto rollout will trigger a Bitcoin supercycle, says former UBS Asia Investment Bank chief. 🚀
"They are using Hong Kong to test how to implement and manage it."
👉 $200k BTC secured?
BREAKING: Retail brokerage giant Robinhood $HOOD just announced that it bought $25 million worth of #Bitcoin for its balance sheet.
Corporate BTC adoption is accelerating. 🔥🚀
Surprised through this 4 month crypto rise where we saw a lot of proxies do very well, I mean $BMNR and $MSTR both doubled off the lows, except for….
$COIN
Barely making any moves still relatively speaking.
Hmmm. Laggard catch up trade much?
NEW: $15 trillion BlackRock says AI agents may choose to save in #Bitcoin for "long-term value preservation" 👀
"These findings ... point to a potential AI-native monetary architecture in which stablecoins serve as transactional money and bitcoin as a store of value." 👏
Second, Bitcoin priced in gold (below) is showing a lot of strength as well as flows return to the BTC ecosystem. Bitcoin is only 30% correlated to the S&P 500 and uncorrelated to Treasuries. That makes it a good diversifier now that a new 4-year cycle is potentially underway. 🧵(2/2)
I continue to like both gold and Bitcoin, but especially Bitcoin looks interesting right now. For one we broke through resistance at $80k, targeting $100k. 🧵(1/2)