This is the worst performing bull run of all time with a meagre 57% increase from the 2021 ATH price of $68,000 to today’s $107,000.

Over the past 4 years Bitcoin has barely kept up with true inflation with an average yearly price increase of 14.5%.

With the halving progress at 28% Bitcoin needs to do something dramatic to stay relevant as a proper hedge against inflation.

Bitcoiners love to quote “50% CAGR”returns which are heavily skewed with historical data when Bitcoin went from pennies to tens of thousands of dollars. Including this kind of data is dishonest and blatant hopium dealing.

Watch this space…

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