Schroedinger on nostr

Open in Damus

If Bitcoin's next ATH is only at $175k or even $150k it's in serious trouble as a long term SoV. Time will tell, but that would be a good range to keep in mind next cycle. I welcome any counterargumen...

Schroedinger @Schroedinger 1770919227

Inflation adjusted from last ATH 125k was already troublesome me thinks

1

Yeah I didn't even think of that funnily enough. Not only diminishing returns ATH to ATH in pure numerical terms, but compared to M2 it's extremely concerning.