
The US government's strategy of continuous money printing is expected to cause significant US Dollar devaluation over the long term. This macro environment is structurally bullish for hard assets that serve as a hedge against currency debasement. Bitcoin (BTC) is positioned as a primary beneficiary of this trend. From a technical standpoint, BTC has broken out above a major 8-year trendline, which is a strong bullish signal. Investors may consider the current re-test of this trendline as a new support level for a potential long-term entry point.