Bitcoin Update
$BTC After months of tracking it, the Expanding Triangle has now officially completed its formation.
A strong green monthly candle toward $87,630 would confirm the breakout.
If valid, a 762% impulsive move similar to the 2023-2025 advance could play out again.
But this time, it could be faster and stronger.๐
Why?
Bitcoin's power-law like structure we discussed remains intact. BTC never reached the upper boundary of the channel and didn't even trade on the midline during the last cycle.
Meanwhile, Bitcoin has continued leaving exchanges, tightening available supply.
Institutional demand is accelerating. More BTC was accumulated in the first half of 2026 than during all of 2025 combined.
And Michael Saylor just reaffirmed it:
"I haven't sold a single sat. Strategy is still stacking."
Today, Strategy holds โฟ846,842 and continues to set the pace for corporate Bitcoin adoption.
Bitcoin is structurally stronger today than it was across 2023-2025.
โข Spot ETFs hold over 1.25M BTC
โข Institutional demand exceeds miner supply
โข Corporations and nation-states continue accumulating
โข The post-halving supply shock is here
โข BTC absorbed a 50%+ drawdown without the chaos of prior cycles
The weak hands have left.
The real players are accumulating.
My base target remains above $505K.๐
Most long-term targets point toward $700K+, with a path to $1M+.
A million-dollar Bitcoin.๐ฅ
Freedom for everyone.๐ช
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