The analysis by Jordi Visser suggests that Bitcoin, despite reaching an all-time high of $126,200 and currently trading around $93,300, is perceived with subdued sentiment by investors. This is attributed to engineered narratives from the fiat system, aiming to maintain dependence on traditional financial rails amid inflation and rising government debt. Visser views this investor dissatisfaction as a strong bullish signal, indicating that Bitcoin is in a 'coiling' phase rather than topping. He points to market structure, long-term holder behavior, and historical volatility patterns that suggest Bitcoin is poised to break free from macro headwinds and institutional suppression. The analyst foresees a future where 'tokenization' and artificial intelligence (AI) play crucial roles. AI, akin to electricity, is seen as a foundational technology that will drive deflation and increase efficiency across industries, ultimately reallocating capital towards innovation. Visser believes that the current period of muted enthusiasm will transition into a dynamic phase of Bitcoin adoption and growth, where the asset breaks from its current range with significant speed. This move will be driven by structural fundamentals and technological shifts, rewarding clarity, patience, and discipline in investment strategies, with potential targets ranging from $250,000 to $1 million.