BEAR MARKET UPDATE 🐻 📉 🔥
Current Bitcoin Price: $104,600
2024 ATH Price (December 17th, 2024): $108,600
322 Days later we are down $4,000
This is a 3.68% LOSS over a 322 day time period.
*Apparently* we have experienced:
- Record ETF inflows
- Record amounts of BTC added to company treasuries (Strategy, Metaplanet etc.)
- Fair accounting rule changes in the US
- Trump 🇺🇸 family bag filling of BTC at a break neck pace with insane volume to boot
- State level adoption through mining or strategic reserve (Japan, Bhutan, El Salvador, Pakistan, USA, Ethiopia etc.)
- Record Pleb adoption
- Record hardware wallet sales (cumulative)
- Bank based loans allowed using BTC as collateral in the pipe and some offerings in the wild already
On the 10th of November 2021, BTC hit a new ATH of $69,225.
1,455 days later we have experienced a 1.51x from the last cycle top. Measuring from tops / ATHs = strong math…
Aka a 51% increase from last cycles top to today - 4 YEARS LATER!!!
What fucking crack are you smoking if you think a 51% gain over 4 years is good let alone bullish???
A lot of #copium and #hopium flying around on #nostr !
Don’t be a bitch and measure from absolute bottoms - that’s retard math.
Stay humble stack sats and wake me up at 250k in 2030!
#Bitcoin #Sats #Bear #Bull #BearMarket #BullMarket #Nostr #ATH #Finance #News #BullCycle #BTC #StayHumble #Crash #downvember #FireSale
