BTCMeansFreedom4All on Nostr: "Why is Bitcoin performing so badly???" Answer: It's not. The overall trend line of ...
"Why is Bitcoin performing so badly???"
Answer: It's not.
The overall trend line of potential bottom prices continues to grow as expected at 1.002046^X, where X is the number of days calculated. Accordingly, your Bitcoin is currently worth a minimum of $79,000 each ($78,930.30 to be exact), absent massive macro events that effect the whole network/planet and drop the trend line on the Y axis even more like with Covid (2020, 10% drop in Y axis) and China banning mining (2021, 72.6% drop in Y axis), anything above that baseline is icing on the cake and just noise coming from FIAT society.
Bitcoin is stable enough RIGHT NOW. You can live on it RIGHT NOW. Just treat the baseline as it's actual value and if it's above that great, try to buy when the price is closer to the baseline like right now and try to wait to pay off debts only when it deviates from the trendline more than 50% to the upside.
You can even use this post as your trendline calculation starting point.
For example, come 30 days from today on Apr 28th, 2025 the price can be expected to be above $78,930.30 * 1.002046^30 = $83,921.55.
1 year from today $78,930.30 * 1.002046^365 = $166,432.91.
Keep in mind that during pumps the price often reaches 50%+ above the overall trend before slowly converging together again 3 - 12 months later (the bigger the deviation the longer the time to reconverge, 12 months is only after bull peaks). Accumulate both more debt and more Bitcoin when it's close to the trendline, and watch for those pumps to get a little extra value out of your stack when you pay off the debt either in full or in larger than minimum payments. 🖖
☮️🧡₿
#Bitcoin
#FIAT
#Bullish
#Debt
Answer: It's not.
The overall trend line of potential bottom prices continues to grow as expected at 1.002046^X, where X is the number of days calculated. Accordingly, your Bitcoin is currently worth a minimum of $79,000 each ($78,930.30 to be exact), absent massive macro events that effect the whole network/planet and drop the trend line on the Y axis even more like with Covid (2020, 10% drop in Y axis) and China banning mining (2021, 72.6% drop in Y axis), anything above that baseline is icing on the cake and just noise coming from FIAT society.
Bitcoin is stable enough RIGHT NOW. You can live on it RIGHT NOW. Just treat the baseline as it's actual value and if it's above that great, try to buy when the price is closer to the baseline like right now and try to wait to pay off debts only when it deviates from the trendline more than 50% to the upside.
You can even use this post as your trendline calculation starting point.
For example, come 30 days from today on Apr 28th, 2025 the price can be expected to be above $78,930.30 * 1.002046^30 = $83,921.55.
1 year from today $78,930.30 * 1.002046^365 = $166,432.91.
Keep in mind that during pumps the price often reaches 50%+ above the overall trend before slowly converging together again 3 - 12 months later (the bigger the deviation the longer the time to reconverge, 12 months is only after bull peaks). Accumulate both more debt and more Bitcoin when it's close to the trendline, and watch for those pumps to get a little extra value out of your stack when you pay off the debt either in full or in larger than minimum payments. 🖖
☮️🧡₿
#Bitcoin
#FIAT
#Bullish
#Debt