#Bitcoin hasn't reached a new all-time high in Gold terms.

We got all excited about $70k pre-halving, but that was just the debasement of the dollar.

Post-2020 halving, new ATH in gold terms occurred in November.

The bull market hasn't even started yet.

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I concur, we're still in accumulation phase and have not entered bull portion yet. Based on this i made back in February, current ATH has a fiat price of about 93k. We need to go up nearly 60% to hit that.