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Are We Really in a Bitcoin Supercycle? The debate around whether Bitcoin is entering a supercycle phase has heated up significantly. Proponents argue that we're witnessing unprecedented market conditions that align with historical patterns of exponential growth cycles. What defines a Bitcoin supercycle? It's not just about price rallies—it's about sustained momentum driven by fundamental shifts in adoption, institutional participation, and macroeconomic factors. When the pieces align, Bitcoin doesn't just spike; it enters an extended bull phase that reshapes market expectations. The bull case rests on several pillars. Mainstream acceptance continues expanding. Corporate treasuries hold Bitcoin. Regulatory frameworks evolve. Retail investors show fresh interest. These aren't temporary hypes—they're structural changes in how the world perceives digital assets. Then there's the supply-side story. Bitcoin's fixed cap contrasts sharply with fiat currency expansion. When demand accelerates while supply remains capped, the mathematics become compelling. Skeptics counter that calling it a "supercycle" is premature—price still swings wildly, adoption metrics plateau at times, and macro headwinds resurface unexpectedly. Fair points. But history suggests that dismissing the possibility entirely might be the real mistake. One thing's clear: Bitcoin's trajectory today looks structurally different from previous cycles. Whether that constitutes a true supercycle remains the trillion-dollar question.
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