The analysis suggests that Bitcoin hasn't reached euphoria levels compared to previous multi-year cycle tops, while mid-level euphoria could result in six to twelve months of consolidation. The analyst expects Bitcoin to be back in the six-figure range by 2026 and anticipates new all-time highs, noting that some Bitcoiners criticize holding other assets. A diversified portfolio that includes exposure to gold and equities is preferred, because Gold is also seen in bullish trend and in the short-mid term will continue its bullish rally to the 4400 target price. The broader crypto space is seen as lacking new narratives, with Bitcoin potentially decoupling from this trend. A local euphoric bubble phase is seen in AI but with real underlying potential for white-collar transformation. There is sovereign re-accumulation of gold and confiscation risk driving safe haven assets.