On the charts — two key models.
👉 The first — a liquidity indicator that has coincided with key reversals in BTC for over 10 years.
Currently, the cycle is again in an upward growth phase, as it was just before other surges in Bitcoin.
👉 The second — more local, tracks consolidation phases and subsequent impulses.
Here we have the same picture indicating growth.
Current status:
— The growth looks healthy and logical, within the framework of a long-term cycle.
— We are in a stage of sustainable uptrend, the green light remains.
— The potential target based on the current structure is around $130,000.
What is important to understand:
BTC is no longer a 'cheap' asset. This is not 2020. Buying at these levels is no longer long-term investing, but rather a story about the medium term.
The market is not overheated yet, but it's important to watch how much euphoria will inflate after the rise.
Fundamentally and technically, BTC continues to grow within the long-term cycle. There is no reason for panic, but it cannot grow forever.
Only cold calculation, risk management, and common sense.
Will we reach 130k?