The Case for a New Crypto Bull Market

Bitcoin just surged 22% in 48 hours, and Mike’s outlook has flipped with it. Mike and Ryan break down why the cycle lows may now be in, what the latest onchain data says about a potential early bull phase, and how Treasury intervention in long-term yields changed the macro setup. They also cover Strategy’s $1.6B Bitcoin war chest, the return of crypto animal spirits, and the key $81.8K level that could confirm the next bull market.----🎯THE DEFI REPORT | FOLLOW & SUBSCRIBEhttps://thedefireport.cc/tdr-rsshttps://thedefireport.io/friendshttps://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIt----TIMESTAMPS0:00 Intro0:14 Regime Shift Begins2:11 Bullish Catalyst Emerges6:59 Reading Bitcoin Market Structure12:20 Capitulation Metrics and Volume17:01 Crypto Reflexivity Returns19:58 Treasury Buybacks and Yields28:56 The 1940s Playbook35:02 Debasement Trade Reassessment39:41 Key Bitcoin Levels42:09 Portfolio Goes Risk On45:29 Early Bull, Still Active----Not financial or tax advice. For educational purposes only.