⚠️ Alert the Bitcoin cycle is broken.

- This chart is a visual representation of the "Institutional Shield". The data combines the flows of the ETFs (green) with MicroStrategy's aggressive accumulation strategy (orange line and points).

- The First Line of Defense (green - $83k): The "ETF Cost Basis."

- This is the average entry price of "traditional" capital (BlackRock, Fidelity, etc.).

- As you can see, it acts like a magnet. The price tends to bounce here because breaking it would mean that most of Wall Street goes into losses.

- The "Saylor Floor" (Orange - $74k): The " $MSTR Average Price"

- Michael Saylor has a lower average price because he has been accumulating since 2020.

- Observe the orange points: Every time the price approaches its average or there is a correction, MSTR tends to execute large purchases (points), acting as a buyer of last resort that absorbs the supply.

The shaded area in green between $74k and $83k is what now defines the bearish market floor.

In previous cycles, the floor could fall by 80%.

In this cycle, the floor is mobile and ascending, protected by these two gigantic blocks of capital. As long as the price remains above the shaded green band, the structural bullish structure is intact.

- Previous cycles (2013, 2017, 2021) had an inverted "V" shape: a violent parabolic rise (euphoria) followed by an 80% collapse (winter)

- The New Structure: Thanks to the support I identified (ETFs + MSTR), 80% drops no longer occur (institutional liquidity absorbs the sell-off beforehand)

- Proof of this: Saylor bought + 10 thousand btc and only 3.45% of the accumulated BTC has left $IBIT.

- By eliminating the deep drop, you also "soften" the vertical rise. The cycle becomes wider and less high. Instead of a sharp peak, you have a sustained and "slow" bullish trend that lasts longer.

In a moment, I will upload another in-depth analysis without lies, okay everyone stay tuned $BTC