initially covered this meme coin in May and it's up +500% since.

Today it looks to be completing a successful breakout.

Here's the chart.

Bitcoin is gearing up for its next major bull run — and while the spotlight is often on BTC, there are plenty of other opportunities to capitalize on this market shift. Beyond Bitcoin itself, many investors are turning their attention to the broader crypto ecosystem, and especially to Bitcoin miners, which tend to outperform during bullish cycles.

In recent weeks, we've been diving into a number of altcoins that offer outsized returns, but today, I want to focus on a different angle: the growing opportunities in Bitcoin mining stocks. These stocks have historically done well when Bitcoin rallies, and as we start to see signs of the next bull market, I believe miners could play a crucial role in boosting returns.

A key metric to watch is the ratio between Valkyrie’s Bitcoin Miners ETF ($WGMI) and Bitcoin ($BTC). When this ratio rises, it signals that Bitcoin mining stocks are outpacing Bitcoin itself — a trend that often precedes a broader surge in mining stock performance.

In recent months I flipped to a more bullish tone.

I was anticipating a return of the bull market, but the only uncertainty lied in when it would come back.

But with Bitcoin breaking to all time highs following the U.S. election, we have unequivocally began the next leg higher in crypto markets.

Global markets sold off hard yesterday, dragging crypto lower.

Does that worry me?

Bitcoin is up +17% this month.

The action down the cap scale is looking awfully reminiscent of an altcoin season.

These things are pumping.

So I'm sure you're asking the question.

Is it finally time to once again begin YOLOing these cryptos?

We're beginning to emerge from the crypto bear market, and I can see a glimmer of light ahead.

The possibility of Bitcoin reaching 100,000 feels real.

I think now is the moment to prepare yourself.

I'm bullish crypto.

I'm anticipating a bullish run in this space in the coming months and quarters. And this is the chart that's been an element of this bullish thesis.

We're probably entering into the final contraction before we break out of this seven-month downward channel.

In simple language, the below chart is how these price patterns usually resolve.

Escape velocity is defined as the minimum speed that is required for an object to free itself from the gravitational force exerted by a massive object.

I can't think of a better image to describe Bitcoin; after months of chopsolidation, the crypto market is finally gaining sufficient traction to push itself beyond the influence of the bear winter.