Bitcoin flushed to $60K last week -- right into Fidelity’s previously identified support zone.
They’re calling it a relatively shallow drawdown compared to prior winters and suggesting the 4-year cycle bull may have ended… but that maturation changes the math.
Look at the first chart. #Bitcoin tracks global liquidity cycles closely. When money supply contracts, BTC corrects. When liquidity expands, $BTC trends. We’re sitting in a zone where global money growth is stabilizing again.
Now zoom out to the second chart -- the “road to maturity.” Each wave has been less violent on the downside and structurally higher on the upside.
Volatility compresses as adoption expands.
Fidelity’s view? $60K could be the base. A few months of chop. Then the next cyclical wave begins.
Nothing is guaranteed. But if liquidity bottoms and adoption keeps rising, history suggests the next move isn’t sideways forever.
Compression builds energy and Bitcoin has a history of resolving compression to the upside. 🚀
