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BTC — Financialization Ceiling

US$0.00

A full-cycle institutional analysis of Bitcoin’s rise, purge, and financialization — and why the next leg beyond $150 000 may require a global liquidity shock.
Built entirely on verified market data and System X modeling.

A full-cycle institutional analysis of Bitcoin’s rise, purge, and financialization — and why the next leg beyond $150 000 may require a global liquidity shock.
Built entirely on verified market data and System X modeling.

Bitcoin’s journey from $69 000 to $15 000 and back above $100 000 wasn’t a story of hype — it was a story of liquidity.

This 8-section report from the Bocan & Co Research Desk dissects every phase of the cycle: the 2021 euphoria, 2022 credit collapse, and 2024 ETF-driven recovery.

Using verified data from Reuters, Bloomberg, CoinMetrics, and the U.S. Federal Reserve, it reveals how Bitcoin’s transformation into a regulated macro asset has created a natural “financialization ceiling.”

Includes:
• System X annotations on macro-liquidity behavior
• Scenario table for $150 k – $250 k thresholds
• Desk position & portfolio guidance for the Bocan Retirement Fund