Filou @Filou - 11d
tbh, it looks like #Bitcoin is currently more closely tracking 2022 than any of the other previous four years. 65% drop from the yearly open puts price back in the $32k range. 😱 Not a prediction, just an observation. 🤷♀️
Def didn't say I was bearish 😆 I don't have a single $ left to my name. YOLO
Actions, not word. One can talk about price all you want, but it's irrelevant. All that matters is what's in your wallet (how many sats).
Also didn't say 'might head to 32k' at all. Personally don't believe for a second we will see those prices ever again. But still, everyone saying we HAVE to go higher could be wrong, because currently we aren't tracking that type of trajectory at all. Doesn't mean it will or it won't happen though. Doesn't mean anything at all really. 🤙
Courtesy of TradingView 😉 It's interesting to play around with, they have data going back to 2013; fun to compare different years to each other.
Comparing Bitcoin price chart to global M2 is wild– the correlation (delayed by 10-12 weeks or so) is so close it’s crazy! Spoiler alert: M2 has been going ⬆️