Bitcoin is sitting between neutral and -1σ on the Z-Score Probability Waves, meaning price is not statistically overheated in either direction.

From here, there are two realistic scenarios:

1️⃣ Rally toward $100k → fail at resistance → roll into a final bear market leg, with statistical downside pointing toward ~$70k (full washout, max pessimism).

2️⃣ Rally to $100k → consolidate → reclaim key levels → continue higher, breaking the traditional 4-year cycle narrative entirely.

Both outcomes are tradable. Both are investable.

You don’t need to predict the future. You just need a framework that works either way.

$BTC
{spot}(BTCUSDT)
$USDT
$USDC
{spot}(USDCUSDT)