"Why is Bitcoin performing so badly???"

Answer: It's not.

The overall trend line of potential bottom prices continues to grow as expected at 1.002046^X, where X is the number of days calculated. Accordingly, your Bitcoin is currently worth a minimum of $79,000 each ($78,930.30 to be exact), absent massive macro events that effect the whole network/planet and drop the trend line on the Y axis even more like with Covid (2020, 10% drop in Y axis) and China banning mining (2021, 72.6% drop in Y axis), anything above that baseline is icing on the cake and just noise coming from FIAT society.

Bitcoin is stable enough RIGHT NOW. You can live on it RIGHT NOW. Just treat the baseline as it's actual value and if it's above that great, try to buy when the price is closer to the baseline like right now and try to wait to pay off debts only when it deviates from the trendline more than 50% to the upside.

You can even use this post as your trendline calculation starting point.

For example, come 30 days from today on Apr 28th, 2025 the price can be expected to be above $78,930.30 * 1.002046^30 = $83,921.55.

1 year from today $78,930.30 * 1.002046^365 = $166,432.91.

Keep in mind that during pumps the price often reaches 50%+ above the overall trend before slowly converging together again 3 - 12 months later (the bigger the deviation the longer the time to reconverge, 12 months is only after bull peaks). Accumulate both more debt and more Bitcoin when it's close to the trendline, and watch for those pumps to get a little extra value out of your stack when you pay off the debt either in full or in larger than minimum payments. 🖖

☮️🧡₿

#Bitcoin

#FIAT

#Bullish

#Debt

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Discussion

Love the hopium, but where did you get the 1.002046 from?

It's the number I personally came to when analysing the overall growth of daily bottoms seen over the last 12 years. After playing with the numbers for a few days I came to the following:

Starting the chart with a potential bottom of $50 July 1st, 2013 and growing the line exponentially with a daily growth rate of 1.002046 compounding. Adjusting the line approximately 10% down with the COVID flash crash in 2020, and 72.6% down with China banning mining in 2021. With that info I get the following charts, with the price staying above the adjusted bottom trend line 97.3% of the days since July 1st 2013.

The recent bottom this month was 1.007 times the calculated bottom trend line.

If this is the actual trend line that holds long term, then we're on track to hit a minimum price of $1m per coin in 2028, and $10m in 2031.

The important revelation to me, is that whole the position of the slope on the Y axis has shifted twice due to macro events, the actual angle of the slope of exponential growth has never changed.

Additionally, the price has been above the calculated bottom trend line 98.8% of the days since 10/27/2015.