véritas on Nostr: “Bitcoin rocketed from $26K to $73K in 5 months from Oct 23 to March 2024 If you ...
“Bitcoin rocketed from $26K to $73K in 5 months from Oct 23 to March 2024
If you weren't in the market, you were completely left behind and missed out on 180% gains.
We then spent 8 months grinding sideways with lower highs and lower lows.
Many feared that we had already peaked at $73K.
But that was merely the shakeout before another quick 100% took us over $100K in the blink of an eye
Today we are once again consolidating sideways.
And people fear we have peaked.
No one knows for sure where we're going short term.
But here's what we do know:
Bitcoin adoption is only going one direction.
And so is the amount of fiat that needs to be created to keep the sovereign debt house of cards from collapsing.
Finite Bitcoin vs. Infinite Fiat.
It isn't rocket science. It's common sense.
Remember what you own and enjoy your weekend 🥂” - Stack Hodler (npub1g4l…xt9c)
#bitcoin
If you weren't in the market, you were completely left behind and missed out on 180% gains.
We then spent 8 months grinding sideways with lower highs and lower lows.
Many feared that we had already peaked at $73K.
But that was merely the shakeout before another quick 100% took us over $100K in the blink of an eye
Today we are once again consolidating sideways.
And people fear we have peaked.
No one knows for sure where we're going short term.
But here's what we do know:
Bitcoin adoption is only going one direction.
And so is the amount of fiat that needs to be created to keep the sovereign debt house of cards from collapsing.
Finite Bitcoin vs. Infinite Fiat.
It isn't rocket science. It's common sense.
Remember what you own and enjoy your weekend 🥂” - Stack Hodler (npub1g4l…xt9c)
#bitcoin