A crypto analyst is pushing back against growing narratives around the Bitcoin supercycle , arguing that BTC’s biggest breakout is yet to arrive. He has revealed when the real supercycle will begin, centering his bullish thesis on a generational shift in capital, where BTC potentially overtakes traditional safe-haven assets like Gold as the preferred long-term store of value. The “Real” Timeline For The Bitcoin Supercycle On December 27, crypto market expert Killa shared a new long-term thesis on X that challenges the popular bullish expectations for BTC this cycle. He argues that countless traders have prematurely declared the start of the Bitcoin supercycle without understanding what truly triggers one. According to Killa, the real supercycle does not begin simply because Bitcoin rises in price or outperforms short-term expectations . Instead, he explained that a genuine supercycle starts only when capital structurally rotates away from precious metals and into BTC. The analyst emphasized that Gold must first enter a sustained multi-year downtrend while Bitcoin simultaneously absorbs flows and breaks into new highs driven by “absolute scarcity.” In his view, this moment represents a decisive shift in which older capital remains parked in Gold while newer-generation capital moves into a fresh asset class. Supporting his bullish thesis, Killa compared Gold in 1972 to where Bitcoin may be heading into 2027. The analyst presented a chart showing Gold consolidating after a strong advance, then pulling back into key retracement zones before launching into an explosive multi-year rally that grossly outperformed other major asset classes . Killa noted that Bitcoin’s structure is almost identical to Gold’s historical setup from this time, with price trending inside a rising channel and recently pulling back from the upper boundary. The chart highlights similar retracement levels that suggest consolidation rather than trend failure, reinforcing the analyst’s belief that Bitcoin may end up outpacing every asset class in the next cycle. Also, the analyst placed strong emphasis on market capitalization to frame BTC’s upside potential . He pointed out that even if Bitcoin were to climb to $200,000, its market cap would still be roughly six times smaller than Gold’s. With Gold valued at approximately $31.7 trillion and Bitcoin at around $1.83 trillion, the disparity leaves more room for BTC’s price to grow in the future. BTC’s Next Surge Could Begin Amid Rising Fear In the same post, Killa warned that new market fears have emerged, shaking investor confidence. He has stated that quantum computing and Artificial Intelligence (AI) are the latest concerns, following previous worries about regulation, energy use, and market volatility. The analyst expects this fear to push many participants out of the market just before Bitcoin’s major move begins. He believes this cycle may be the last opportunity to accumulate BTC below $100,000 , signaling a potential end to prolonged bear market conditions. Despite the risks of a continued downtrend, Killa has revealed that he plans to continue buying BTC, predicting a decisive upward trend soon.