[10x Research: Bitcoin's Next Move Will Be Driven by Market Structure and Capital Behavior, Not Macro Narratives] Odaily Planet Daily News – 10x Research posted on the X platform, stating that the market tends to favor simple narratives, but Bitcoin's movements rarely follow these patterns. While the U.S. stock market has benefited from strong seasonal capital flows at the beginning of the year, Bitcoin operates under different rules. As calendar effects fade and macro correlations break down, the truly important signals will emerge from market structure, technical resets, and actual capital behavior. Heading into 2026, many macro indicators show confidence, but history suggests this is often the weakest moment for signals. The key now lies in whether real capital is preparing for the next institutional shift. In today's report, 10x Research analyzed the actual factors driving Bitcoin's movements and trading strategies.