Regardless of price return (%) #bitcoin ‘s price has been the signal for most moves in financial markets for the better part of the past 2 years.
Discussion
I'm not sure, but I think bitcoin's path of growth is the leading oscillation since when it has passed the relative growth of every other financial entity.
In other words, bitcoin, thanks to its relative growth, could have become the general oscillation in the economy depending on which other financial entities behave.
Without a doubt the past two years has been a uphill battle for most assets with lil to no return and a possible loss on assets unlike Bitcoin you lose only if you sell
Slight adjustment, most assets you only lose if you sell. Any choice is risk.
You never know which choice (asset) will go to zero but all can.
We just live in a world now full of infinite credit lending facilities keeping zombie companies, banks, individuals, etc from going to zero.
Debt begets debt Bitcoin fixes this simply by holding IMO