Gm nostriches, now the summer is done, interesting to take a look back on the full data. First off, very messy for all data, but 2025 not an outlier. Post halving summers interesting, on the low side but much less volatile than previous years (“dipping” to 108k!!). Finally compared to the average, came up to touch in early August, and after a new high backed off.

While getting two new all time highs during the summer is impressive, this summer doesn’t appear to be anything special, and sorry guys, no 2017 repeat. But from other data, we could just be building another base for another 10% leg up……. #bitcoin, stay humble freaks, and stack sats.