If you just zoom out and use the #Bitcoin power law chart, the ongoing price action is nothing strange; in fact it is perfectly where it ”should be”.

In the best, most bullish scenario we could hit 300 thousand in 2025 but it will then retrace quite quickly and could in the worst case scenario hit 30 thousand in 2026, before it creeps up and oscillates around 100 thousand for a while.

And then the new bullmarket sets in. #LowTimePreference is preferable to exponentials! We don’t want an apocalyptic scenario.