The chart shows a familiar pattern. After plunging to ~$63K amid Middle East tensions and losing billions, BTC recovered swiftly to $70K then $74K. Such rebounds don't happen by chance. They follow panic selling, leverage washouts — then stronger buyers step in.
What's supporting the case:
• Power Law model puts bottom near $60K–$65K — we just tagged it
• Spot ETFs saw $586M+ inflows last week, institutions buying while retail hesitates
• Bitcoin outperformed gold, silver, and major stock indexes during recent turmoil, recovering faster than traditional assets
The bottom may already be in.
We're still in a $63K–$73K range, and volatility isn't over. But if the Power Law holds, this consolidation is just a pause before the next leg up.
Weak hands are gone. Long-term support held. Momentum is building.
Is $74K the start of a new cycle? 👀