$BTC price movement is bullish.

The oscillations are dampening. The funnel is closing.
Each cycle, #Bitcoin orbit around the power law center gets tighter.
This is the signature of a system settling into equilibrium. Like a pendulum losing energy, except the "center" it's settling toward is a line that rises from $129K today to $1M+ by 2034.
Now look at where we are right now: −0.94σ below center.
Below the trendline. Below fair value. Coiled.
Here's why this is so bullish:
The blowoff tops are dying, which means the crashes that follow them are dying too.
The 5.3σ range of 2011-2013 has compressed to 1.4σ in 2021-2025.
Bitcoin is maturing into a tighter and tighter channel around the power law.
And that power law channel is pointed at $200K, $500K, $1M.
We spent four years below the trendline.
R² climbed the entire time.
The model absorbed the 2022 crash, the FTX collapse, the 2024 recovery, the 2025 top, and this drawdown...
...and came out stronger at 0.961. The attractor is winning.