📈 #Bitcoin 3-Phase Cycle: Why $200K Could Be the Next Peak
🎯 Why $200K Makes Sense
🔹 Fits long-term parabolic channel resistance
🔹 Matches previous $BTC halving top extensions
🔹 Strong psychological target for profit-taking
🔹 Expected timing: Q1–Q2 2026
📊 Key Indicator: #BTC MVRV Z-Score
🔸 Tops > 6.0 = cycle peaks
🔸 Bottoms < 0 = major lows
🔸 Current: 2.67 → rising but still room to grow
🔮 What’s Next
If history repeats:
1. Peak likely before mid-2026
2. Followed by sharp correction into 2027
3. Final bottom forms after miner capitulation