Nice explanation, but I take exception to one point: your premise that there isn't enough money to buy cheap coins and Break through the wall. (I don't accept the premise because there are literally billions of dollars on wall street). Real situation is there isn't enough people that think the coins are cheap, so a whale is trades with himself to convince new suckers that the price is right.
Bitcoin isn't a currency or a security that's why macro TA doesn't work. Its a speculative investment that has turned into a Ponzi scheme. Best case scenario is that it really Does take off and no one gets burned, but I doubt it.