The article discusses the possibility of the crypto market entering a "supercycle" due to the unique changes in the perception and integration of cryptocurrencies into international systems. Bitcoin's recent surge above $100,000 is seen as evidence for this theory, with the cryptocurrency experiencing a breakout from its previous downward channel. Despite short-term resistance, Bitcoin's solid fundamentals and buying activity at lower levels suggest a longer bullish phase. Factors such as institutional adoption, regulatory clarity, and technological advancements are believed to be driving this supercycle. The article also mentions the importance of breaching the next resistance level at $105,000, which could lead to further growth into the $120,000–$140,000 range. While a possible local top may occur by March, a bear market is not necessarily expected, as Bitcoin's increasing use cases and adoption continue to support its growth potential. Overall, the current trajectory and market dynamics of Bitcoin support the supercycle hypothesis.



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