Micael on Nostr: BITCOIN ATH WAS $140,000 USD IN TODAYS DOLLARS… The math is simple. Bitcoin ATH ...
BITCOIN ATH WAS $140,000 USD IN TODAYS DOLLARS…
The math is simple. Bitcoin ATH against gold was 41 ounces on December 2024. Bitcoin is down 35% from ATH. Gold is up almost 30% since then.
In order to get back to that value (41 oz of gold) bitcoin will have to pump 53,2% assuming the gold price stays here. It can be more or less depending on gold price.
The point is this: look at this mini pump, so sad! Gold is going up because of the uncertainty and lack of trust on a corrupted and broken financial system. Bitcoin is gold on steroids, the fastest horse, etc. The best money ever invented is at a 35% discount now.
$140,000 will be a fake ‘ATH’ there’s still more to come. Stack sats, stay humble.
Sell your fucking chairs.
The math is simple. Bitcoin ATH against gold was 41 ounces on December 2024. Bitcoin is down 35% from ATH. Gold is up almost 30% since then.
In order to get back to that value (41 oz of gold) bitcoin will have to pump 53,2% assuming the gold price stays here. It can be more or less depending on gold price.
The point is this: look at this mini pump, so sad! Gold is going up because of the uncertainty and lack of trust on a corrupted and broken financial system. Bitcoin is gold on steroids, the fastest horse, etc. The best money ever invented is at a 35% discount now.
$140,000 will be a fake ‘ATH’ there’s still more to come. Stack sats, stay humble.
Sell your fucking chairs.