The night before the Bitcoin super cycle: financial capital flow is the key

Source: TokenPost Original Title: Bitcoin, Before Entering a Super Cycle…“The Key Is the Shift of Capital Inflows” Original Link:

Bitcoin Has Not Yet Entered a True Super Cycle

Cryptocurrency analyst Killa recently published a long-term outlook article pointing out that many investors mistakenly believe that a rise in Bitcoin price signifies the start of a super cycle. He emphasizes that a true super cycle requires a “generational transfer of funds,” rather than just short-term yield increases.

Killa states, “For Bitcoin to experience structural capital inflows, gold must first enter a multi-year downtrend. During this process, Bitcoin, as a store of value based on scarcity, will absorb funds flowing out of gold.” This is not merely a rebound but a significant shift in capital flow that can be called a true super cycle.

Similarities Between the 1972 Gold Chart and 2027 Bitcoin

Killa highlights that the liquidity pattern of the gold market in the 1970s is highly similar to the current Bitcoin price pattern. Back then, gold experienced a correction after a strong rally, found support in a key retracement zone, and subsequently saw several years of explosive growth. He points out that Bitcoin is currently also undergoing a correction within an upward channel, showing a similar trajectory.

“Bitcoin is in a structure similar to gold; if this flow continues, Bitcoin could outperform all assets in the next cycle,” he states.

From a market capitalization perspective, there is ample room for growth. The current gold market cap is about $31.7 trillion, while Bitcoin’s is approximately $1.83 trillion. Even if Bitcoin rises to $200,000, its market cap would still be less than one-sixth of gold’s. This indicates that there is still potential for market expansion.

The Night Before a Super Cycle, Investor Sentiment Wavers

At the same time, Killa points out that the emergence of quantum computing and artificial intelligence is becoming new psychological threats to investors. Past major concerns included regulation, energy consumption, and volatility, but now technological threats are causing unease among investors.

These fears are pushing some investors out of the market, but he believes this is a natural phenomenon before Bitcoin’s price surges. It could instead be the last buying opportunity before a long-term rally. He claims, “This cycle might be the last chance to buy Bitcoin below $100,000.”

Core Logic: Intergenerational Capital Flows

Killa interprets this phenomenon as a structural change rather than a simple price cycle. He points out that existing capital traditionally held in assets like gold is shifting toward Bitcoin, centered around the digital native generation. He emphasizes, “From the perspective of absolute scarcity and adaptability to the digital age, Bitcoin can become a better alternative asset than gold. When this transition truly begins, the market will enter a super cycle.”