
Cryptovicci
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Cryptovicci

This might be the green light confirming the bull run.

Cryptovicci

Rhythm of HistoryEvery Bitcoin cycle tells a story. The 2013 cycle was about discovery, the 2017 cycle was about euphoria, and the 2020 cycle was about institutional awakening. This cycle, however, feels different. It’s a narrative of integration, of Bitcoin weaving itself into the fabric of economies, regulations, and global finance. It’s about the world waking up to the realization that Bitcoin isn’t going away—it’s here to stay, to grow, to lead.The last two cycles saw Bitcoin reach 20x and 10x returns from its cycle lows. In this cycle, Bitcoin’s low of $15,000 would suggest a potential high between $150,000 and $300,000, perfectly aligning with the channel’s upper boundary. And as we edge closer to that psychological $100,000 mark, the momentum only grows stronger, drawing traders and institutions like moths to a flame.The China FactorBeyond the chart lies a story of geopolitics. News of China’s rumored unbanning of Bitcoin trading could not have come at a better time. If confirmed, it would mark a seismic shift in global adoption. Imagine billions of people and trillions of yuan entering the market, a flow of liquidity and demand that would push Bitcoin beyond its previous limits. This isn’t speculation—it’s history repeating itself.The Bullish SymphonyThe RSI, sitting at a robust 75, isn’t just signaling overbought—it’s signaling strength. Historically, in Bitcoin’s cycles, this level often precedes explosive moves upward. The overbought zone doesn’t intimidate Bitcoin; it emboldens it.The MACD is in full bullish alignment, with widening histograms reminiscent of the pre-run to $60,000 in 2020. The zero-line crossover was the spark, and now the fire is spreading.Support Reclaimed, Confidence ReinforcedRecent months saw a textbook breakout and retest pattern, where Bitcoin reclaimed key support levels in the $60,000-$70,000 range. These levels, once ceilings, are now floors. This shift in market psychology, where resistance becomes support, is a hallmark of bull markets.The ascending channel’s upper boundary, looming near $202,773, has been Bitcoin’s ultimate target in past cycles. What makes this target significant now is how cleanly price is following the channel, as though it’s drawn by an unseen force. The last time Bitcoin moved with such precision, it broke from $20,000 to $69,000 in less than a year.Where to Next?The next chapter could be explosive. A break above $100,000—a level of psychological and technical significance—could act as the ignition for parabolic movement. The upper boundary of the channel at $202,773 isn’t just a possibility; it’s a target carved into the rhythms of history.
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