$200K+ $BTC this cycle isn't hopium—it's the math.
3 models converging on $200K–$400K:
Quantile Adoption Model → median band hits ~$270K at peak
Cycle Multiplier → even conservative 80% expansion = $225K+
$BTC vs Gold → historically 10–12% of gold's mcap at tops. With gold rallying, that's $200K–$350K+ range
Structural adoption isn't a narrative anymore. It's on-chain reality.
3 models converging on $200K–$400K:
Quantile Adoption Model → median band hits ~$270K at peak
Cycle Multiplier → even conservative 80% expansion = $225K+
$BTC vs Gold → historically 10–12% of gold's mcap at tops. With gold rallying, that's $200K–$350K+ range
Structural adoption isn't a narrative anymore. It's on-chain reality.