If we assess Bitcoin to Gold parity, then despite breaking to ATHs in terms of USD, Bitcoin’s value has been hovering around levels of 20/21.

The market has not priced in The Halving, the launch of The ETFs, The Bitcoin Strategic Reserve, SAB121.The market hasn’t digested these catalysts fully yet. There is still a lot of potential for USD appreciation of this asset class this ‘cycle’.

Thoughts inspired by Jesse.Myers on The Bitcoin Matrix podcast