According to @BullTheoryio, Bitcoin (BTC) is tracing gold’s 2024 breakout by compressing in a multi-year ascending wedge and approaching a similar breakout point. According to @BullTheoryio, gold has cooled and is down about 9 percent from its peak, a zone that historically precedes profit rotation from the slow hedge gold into the high-beta hedge BTC. According to @BullTheoryio, the Federal Reserve is preparing another 25 bps rate cut while quantitative tightening is ending, turning liquidity back on and matching the macro mix that fueled prior major BTC rallies. According to @BullTheoryio, unlike gold’s defensive move driven by debasement fears and central bank buying, the next BTC leg is positioned as an offensive move driven by liquidity, adoption, and institutional demand. According to @BullTheoryio, this rotation pattern appeared in 2020 and is setting up again now, implying a breakout and momentum trade bias favoring BTC as liquidity inflects.