Bitcoin has reclaimed the $122K+ mark, but what’s remarkable isn’t the price, it’s the silence. Unlike previous peaks, there’s no euphoria, no wild headlines, no mass FOMO. This is the stealth phase of the cycle where smart money accumulates, not celebrates. We are 450+ days post halving, historically placing us in the calm before the vertical rally.

The market structure is bullish, and the weekly chart is showing higher lows stacked with conviction. Add in ETF flows, dormant retail activity, and geopolitical uncertainty, and Bitcoin’s breakout looks less like speculation and more like inevitability. The next psychological wall? $125K. If that breaks cleanly, $135K to $145K could come faster than the market expects.