Why Bitcoin Didn’t Go Parabolic (And What Comes Next) | Rational Root

Walker sits down with Rational Root for a deep dive into Bitcoin’s current market structure, bear market vibes, and why this cycle has felt so different, and whether the four-year cycle is still intact. Root argues Bitcoin is in a bear market phase, explains why institutional adoption and ETF flows created a more distributed top instead of a classic parabolic blow-off, and lays out why the next few months may look more like bottom formation than immediate breakout. They discuss the role of long-term holder distribution, why 100k became such a major psychological level, how business cycles and halving cycles interact, and why Bitcoin remains massively bullish long term even if price chops lower in the near term. Five key topics we discuss Why Rational Root believes Bitcoin is currently in a bear market, not just a mid-cycle dip How ETF flows, OTC buying, and institutional adoption changed this cycle’s price action Why 100k became a major psychological sell zone for long-term holders and OG whales Whether the four-year cycle is still alive, and how much of it is really driven by the broader business/liquidity cycle Why Root remains extremely bullish long term even while expecting more chop and possible downside in the near term FOLLOW ROOT: X: https://x.com/therationalroot Nostr: https://primal.net/p/nprofile1qqsphh4hcsk9trquc2rd0drwge9vh75rmaa43xru4ha74nyrld9emyg4vj6zg WEB: https://www.bitcoinstrategyplatform.com/ PARTNERS & DISCOUNTS: LEDN: Bitcoin-backed lending. Go to ledn.io/walker and unlock liquidity WITHOUT selling your bitcoin. BLOCKSTREAM JADE: BLOCKSTREAM JADE HARDWARE WALLET: Head to https://store.blockstream.com/ and use coupon code WALKER for 10% off! BDIC™ is building an insurance marketplace on the bitcoin standard. Sign up for the waitlist at: http://bdic.io/walker Buy Bitcoin with River: http://partner.river.com/walker GET FOLD ($10 in bitcoin): https://use.foldapp.com/r/WALKER JOIN THE SUBSTACK TO GET NEW EPISODES DELIVERED STRAIGHT TO YOUR INBOX: https://walkeramerica.substack.com/ If you enjoy THE Bitcoin Podcast you can help support the show by doing the following: FOLLOW ME (Walker) on @WalkerAmerica on X | @TitcoinPodcast on X | Nostr Personal (walker) | Nostr Podcast (Titcoin) | Instagram Subscribe to THE Bitcoin Podcast (and leave a review) on Fountain | YouTube | Spotify | Rumble | EVERYWHERE ELSE