₿ Bitcoin’s Bold Leap 🚀

Bitcoin’s recent surge has reignited talks of a potential supercycle, marking a transformative era for the cryptocurrency world. 📈 Breaking past $100,000, Bitcoin is now consolidating around $98,000 to $100,000, with investors taking profits at this critical psychological level. However, robust buying pressure between $93,000 and $84,000 supports its bullish momentum. 🔥

This supercycle theory hinges on Bitcoin's shifting role—from speculative asset to a global powerhouse backed by institutional adoption, clearer regulations, and technological innovation. The steady pattern of higher highs and minimal pullbacks reinforces the narrative of prolonged growth. 📊

While a temporary slowdown signals cautious optimism, a break above $105,000 could ignite a fresh rally into the $120,000–$140,000 range. The increased trading volume during price spikes reflects growing market interest, bolstering confidence in Bitcoin's resilience. 🏦

Economist Alex Kruger predicts a local top by March, but don’t expect a bear market. With expanding use cases and widespread adoption, Bitcoin’s upward trajectory remains intact. 🌐 As market conditions align with its fundamentals, the supercycle theory may soon become a reality, setting the stage for a groundbreaking 2024.

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