Bitcoin achieved its largest weekly dollar gain on record, with Strive CEO forecasting the next cycle will be the strongest ever.
Macro & Markets ·
Bitcoin posted its largest weekly dollar gain in history, according to recent market data. The move underscores the asset's sustained momentum and has drawn attention from prominent industry figures monitoring the performance.
The Strive CEO, citing Bitcoin's strength relative to both the dollar and gold, characterized the upcoming market cycle as positioned to be the strongest ever. The forecast reflects confidence in the asset's trajectory and its outperformance metrics across multiple comparison baselines.
What remains unclear is the specific timing and duration of the predicted cycle, as well as the metrics or technical indicators underpinning the CEO's characterization. The precise circumstances and catalysts driving the record weekly gain have not been detailed in available reporting.