While retail sentiment remains distracted by short-term volatility, this multi-year market cap chart for $BTC is defending a critical macro support floor.

After sweeping historical highs into the major resistance zone above 100B, market cap pulled back to retest macro Fibonacci retracement levels. The current structure shows valuations holding firmly above the baseline support band around 6.73B (0 Fib), coiling inside a long-term accumulation range between lower support and overhead resistance.

Sustaining position above the 6.73B macro support floor keeps the long-term bullish cycle alive, setting the stage for subsequent expansion attempts toward the 0.236 Fib at 20.27B and the 0.382 Fib at 50.81B . A breakdown below the 6.73B floor invalidates the macro range support thesis, risking further valuation compression.

Don't ignore multi-year range boundaries—macro support defenses pave the way for the next cyclical expansion.

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