Everyone’s freaking out about this BTC crash, but the setup for the next leg is quietly getting stronger.
In the US, the CLARITY market‑structure bill is close to the finish line, with SEC and CFTC chairs saying they can finally “codify sensible rules of the road for the asset class” instead of regulating by random enforcement. That’s the green light Wall Street has been waiting for.
Institutional research now models 3–4T of potential crypto demand once the rules are locked in, with BTC as the anchor asset likely taking a big slice of that.
Even a 1–2T wave into bitcoin over a cycle doesn’t translate 1:1 – thin float, ETFs and leverage mean flows can move market cap several times the raw capital.
On‑chain, we’re already in classic late‑bear territory: capitulation, realised losses spiking, short‑term holders blown out while long‑term holders quietly add. Historically, that’s where the next big impulse move starts from once a new structural buyer appears.
Put it together and you get a simple thesis: regulatory clarity + institutional rails + on‑chain capitulation = a setup where the bear phase might end faster than most people expect, and the next trend is driven by flows, not retail hopium.
AInvest
Bitcoin's 2026 Path: Institutional Flows vs. Market Structure
Bitcoin's 2026 Path: Institutional Flows vs. Market Structure