Bitcoin's technical pattern is strengthening: professionals see conditions for a new growth cycle

Financial market experts are increasingly paying attention to the improving technical picture of Bitcoin. Particularly interesting is the opinion of the head of the investment division at Miller Value Partners, who emphasized that the current price dynamics of the asset show signs of readiness to break through previous record levels. Against the backdrop of an all-time high at $126.08K, the current Bitcoin price at around $91.55K is viewed by specialists not as a sign of weakness, but as a transitional period within a longer price cycle.

Regulatory Turning Point and Infrastructure Changes

The key catalyst for the reevaluation of Bitcoin is the changes in the regulatory environment in the USA. SEC Chairman Paul Atkins made significant statements about the gradual transition of capital markets to blockchain-based solutions. This assertion is supported by the real actions of traditional financial giants, who are actively building on-chain infrastructure and engaging with the Web3 ecosystem. Such developments signal structural changes in the financial landscape, providing fundamental support for digital assets.

Technical Pattern and Consolidation Levels

Technical analysis indicates that Bitcoin is currently in a revaluation phase after a correction period. The temporary lag behind traditional reliable assets, such as gold, is considered by experts as a cyclical phenomenon typical of highly volatile assets. This configuration on the chart could potentially lead to a breakout above resistance and the formation of a new upward wave if the current dynamics of institutional adaptation and regulatory liberalization are maintained.

The conditions developing in the market create prerequisites for viewing Bitcoin within a longer-term horizon, where technical corrections are perceived as natural components of a long-term growth trend.