🚨 BTC: ONLY 13% AWAY FROM ALL-TIME HIGH! EVIDENCE OF STRUCTURAL STRENGTH IS MOUNTING! 👑📈
Bitcoin ($109,596) is currently trading 13% below its ATH, but Wall Street and On-chain data suggest the potential for a fresh peak in November 2025 is REAL.
1. THE SUPPLY CRISIS: ILLIQUIDITY DRIVING PRICE SENSITIVITY 🔒
On-chain data confirms a powerful supply shock, making the asset highly sensitive to new demand:
Illiquid Supply: Over 72% of the circulating supply (14.3 Million BTC) is held by long-term holders. This BTC is essentially off the market.
ETF Absorption: US Spot ETFs have accumulated ~$62 Billion in net inflows, acting as a persistent and price-inelastic source of demand.
Takeaway: A huge majority of BTC is locked away, meaning any significant buying volume leads to massive price moves.
2. INSTITUTIONAL & MACRO TAILWINDS 🏦
Institutional acceptance has fundamentally redefined Bitcoin's role:
Strategic Allocation: Giants like BlackRock (1-2% allocation) and Morgan Stanley (2-4% allocation) now recommend BTC as a strategic diversifier, treating it as "Digital Gold."
Macro Correlation: $BTC BTC acts as a high-beta macro asset, with a NASDAQ correlation up to 0.87. Its price is primed to benefit from easing monetary policy (lower interest rates) and increased global liquidity.
Halving Cycle: We are in the post-April 2024 Halving period—a phase historically linked to major price appreciation, supporting the lengthening cycle theory.
CONCLUSION: BTC is moving into a "Ready-to-Pump" state. The biggest hurdle is its correlation with broader equity market risks. A sustained push past the $116,000 resistance could unlock the path to a new ATH.
Are you betting on the lengthening cycle theory? Is November the ATH month? 👇
