Remember that chart from 2021 that minted millionaires? Well, itās resurfaced in 2025, and the signs are eerily familiar. The altcoin market cap (excluding BTC) is forming a massive rounded bottom, RSI is recovering from deep lows, and volume is starting to creep back. This setup mirrors the pre-bull run conditions of 2020, suggesting that a significant breakout could be on the horizon.
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š¦ Institutional Moves: Governments and Giants Accumulate Crypto
ā¢ U.S. Government Holdings: The U.S. has established a Strategic Bitcoin Reserve, holding approximately 207,189 BTC, valued at over $17 billion. This reserve is composed of assets seized through legal proceedings and is intended to be held long-term. ļæ¼
ā¢ BlackRockās Expansion: BlackRock, the worldās largest asset manager, has increased its Bitcoin holdings to 2.7% of the total supply, signaling strong institutional confidence in the cryptocurrency. ļæ¼
ā¢ Global Government Holdings:
ā¢ China: Holds 194,000 BTC, acquired mainly through the PlusToken Ponzi Scheme seizure.
ā¢ United Kingdom: Possesses 61,000 BTC, primarily from financial crime seizures.
ā¢ Ukraine: Holds 46,351 BTC, largely from public donations during the conflict with Russia.
ā¢ Bhutan: Owns 13,029 BTC, accumulated through sustainable hydropower mining operations.
ā¢ El Salvador: Holds 6,003 BTC as part of its national adoption strategy. ļæ¼ ļæ¼ ļæ¼
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š Market Indicators: Bullish Signals Abound
ā¢ Bitcoinās Price Action: Bitcoin is currently trading around $96,205, testing significant resistance levels. The Relative Strength Index (RSI) is nearing 64, indicating bullish momentum, although caution is warranted as it approaches overbought territory.
ā¢ Altcoin Momentum: Altcoins like Ethereum and Solana are showing signs of strength, with RSI indicators flipping bullish and volume gradually increasing. This suggests that altcoins may be poised for a significant breakout, reminiscent of the 2021 altcoin season.
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š Conclusion: Prepare for Liftoff
The convergence of institutional accumulation, government adoption, and bullish technical indicators paints a compelling picture for the crypto market. While history doesnāt repeat exactly, it often rhymes, and the current setup is strikingly similar to the conditions preceding previous bull runs.
Stay informed, manage your risk, and get ready for what could be an exhilarating ride in the crypto markets.
Not financial advice, but the signs are hard to ignore.