Russell 2000 Breakout Rekindles Bitcoin Bull Run Narrative

MEVictim · 2026-01-01T14:41:00+00:00

The article discusses how recent trading patterns in Bitcoin, particularly its position below a global money supply equilibrium line, and a breakout in the Russell 2000 index, suggest a potential revival of Bitcoin's bull run narrative.

MEVictim

2026-01-01 14:41:00

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Source: CryptoNewsNet Original Title: Russell 2000 Breakout Rekindles Bitcoin Bull Run Narrative Original Link: Bitcoin traded below a global money supply based “equilibrium” line in a chart shared by a trader, while another post linked a fresh Russell 2000 breakout to past BTC rallies. Together, the charts revived a familiar cycle narrative, even though neither post gave a firm target or timeline.

Bitcoin Trails Global Money Supply Line as Trader Flags “Undershooting” Gap

A chart shows Bitcoin trading below an estimated “equilibrium” price tied to global money supply, framing the current level as an undershoot relative to the model.

The graphic, labeled “Bitcoin vs Global Money Supply: Cointegration Implied Equilibrium,” plots BTC’s market price against a dotted equilibrium line on a log scale from the early 2010s through 2025. In the latest segment, the green BTC line sits under the dotted series, indicating a negative gap versus the model’s implied level.

A lower panel labeled “Mispricing (%)” shows the spread between Bitcoin and the equilibrium estimate. The most recent readings dip below zero, signaling Bitcoin trading under the implied benchmark rather than above it, based on the chart.

The trader called the setup “Bitcoin & Global Money Supply” and wrote, “It is obvious what happens next,” adding that “Sellers will live in deep regret for the next 12 months.” The post did not include a specific price target or timing beyond that statement.

Russell 2000 Breakout Post Revives “Bitcoin Bull Run” Link

Meanwhile, another post claimed that Bitcoin bull runs have followed past breakouts in the iShares Russell 2000 ETF and said the small cap benchmark has now broken out again.

The chart marks prior Russell 2000 breakout points with horizontal resistance lines and circles, then visually aligns them with earlier Bitcoin uptrends highlighted in green boxes labeled 2011, 2013, 2017, and 2021. A new green box labeled 2026 appears near the top right, suggesting a projected continuation if the pattern repeats.

The analyst wrote, “Every time the Russell 2000 breaks out, a Bitcoin bull run follows,” then added, “The Russell has just broken out.” The post did not include a specific Bitcoin price target or a timeframe beyond the historical comparison shown on the chart.

BTC0,25%

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RegenRestorer

· 3h ago

Starting to talk again about the correlation between Russell 2000 and Bitcoin. How long can this logic hold up?

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GasWrangler

· 4h ago

honestly the russell 2000 correlation angle is kinda oversimplified here... if you actually analyze the data on transaction throughput during those past rallies, the mempool dynamics were demonstrably different. but sure, let's pretend macro breadcrumbs = btc moon mission

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