Part 9/11:
The “Wave Two” Phenomenon: A New Bull Run?
All these data points suggest that the current market activity marks the beginning of wave two. After months of consolidation, inflows are accelerating, and investor confidence is surging. The macro environment, characterized by trillions in fiat stimulus and low-interest-rate policies, continues to favor Bitcoin as a hedge against inflation.
The narrative is further supported by Bitcoin's geothermal mining efforts, with El Salvador's government mining 474 BTC from a volcano-powered plant, demonstrating the growing adoption by nations.