In the last few hours, bitcoin has quickly jumped to $79,461 before stabilizing around $77,000. Indeed, this increase has raised investors' attention around the decisive question: should one take advantage of this level to buy? Grayscale clearly gives a positive answer to this question. Thus Zach Pandl, head of research at the crypto asset manager, sees in the current market structure a strategic acquisition opportunity. His argument is based on three signals: the fundamental adoption of cryptos, bitcoin's position in its market cycle, and the evolution of macroeconomic risks. These factors could therefore reshape bitcoin's outlook.