$BTC ran from $57k to $84k in three months — classic accumulation-to-markup. That's a 47% move off the lows, and we're now holding structure above $80k, which was resistance all of last cycle.

Looking at 2027, $150k is absolutely in play. Here's why: the next halving cycle peaks historically 12–18 months post-halving. We're early in this run. Institutional flows are real now — ETFs, corporate treasury adoption, sovereign interest. The setup is stronger than 2020–2021.

Short-term, I'm watching $82k–$84k as the range low. If we hold here and reclaim $88k with conviction, next leg targets $95k–$100k. Invalidation is a daily close under $80k — that flips the structure and we're back to chop.

Long-term thesis: 2027–2030 is the monster cycle. $150k by 2027 is conservative if adoption and liquidity keep pace. I'm using every pullback to add spot. This is accumulation territory, not distribution.