Thailand Tax Break and US Bipartisan Moves Bolster Bitcoin Outlook
Today’s policy signals and six-figure models strengthen market conviction despite intraday volatility.
Key Highlights
- •Thailand adopts a 0% capital gains tax on crypto transactions
- •Pi Cycle Top model flags potential peak above $194,500 this cycle
- •Historical data shows a 99.5% profitable holding window for bitcoin
Crypto Twitter spent the day threading policy momentum with sky-high optimism, turning #bitcoin chatter into a broader referendum on digital assets. From tax holidays to six-figure price targets, the feed read like a convergence of regulation, adoption, and conviction-led trading.
Policy tailwinds go global
Regulatory signals lit up the timeline, led by Thailand’s 0% capital gains move that framed the country as a new crypto hub. In the U.S., lawmakers sent synchronized signals with a bipartisan push in Washington, fueling hopes that clarity—and capital—could accelerate.
Domestic politics pulled focus too. One viral call pressed for a U.S. call to scrap capital gains on Bitcoin, while municipal leaders added pressure with a city-level bid from Vancouver’s mayor arguing it’s fiscally prudent to buy BTC.
Infrastructure narratives rounded it out: mining advocates summarized weekly wins from easier spot ETF listings to even talk of a strategic BTC reserve—signals that market access and sovereign-level thinking are inching closer to the mainstream.
BIPARTISAN SUPPORT. THIS IS HUGE
Charts and conviction collide
Price models and chartists leaned bullish. A prominent thread spotlighted Pi Cycle Top modeling a six-figure target, while traders flagged a ‘major bullish signal’ on the charts—both amplifying the sense that momentum is building despite volatility.
may top out above $194,500 this cycle
Community psychology matched the graphs. As dips flashed on intraday candles, engagement clustered around holders refusing to sell the dip, a reminder that social conviction can harden support even when price wobbles.
LIKE, IF YOU ARE NOT SELLING #BITCOIN
The long-term thesis hardens
Beyond the day’s heat, narrative pillars cemented. One widely shared take cast Bitcoin as ‘the reserve asset of the internet’, aligning with a broader view that digital scarcity is becoming a macro fixture rather than a speculative fad.
has become the reserve asset of the internet
Data-backed perspective reinforced that stance, with a stat noting a 99.5% historically profitable holding window—an on-chain and market-history echo that underpins today’s policy enthusiasm and the chart-driven bravado.
The throughline today: policy momentum is meeting market conviction. If legislative calendars, ETF rails, and even municipal treasuries keep unlocking, the narrative shifts from “if” to “how fast”—leaving traders to track whether sentiment and structure can carry #BTC through the next decisive leg.
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