🗣 BTC: One More Bullish Extension

Bitcoin needs an influx of a trillion dollars in fresh liquidity to trigger its next major macro extension. Institutional capital remains the primary driver, aiming to push the Realized Cap past the $1T milestone.

The historical breakdown is clear:
▪ 2011: An inflow of $2.79B fueled an exponential rally of 55,000%+.
▪ Current Cycle: An inflow of $697B has generated a return of around 689%.

The market is scaling and maturing rapidly; each consecutive bullish wave now demands vastly more massive capital injections to move the needle.