According to historical data #bitcoin is doing the same thing it did in 2020 before the parabolic phase. For genuine bitcoiners, the current price performance is not a cause for concern.
Discussion
The difference is ATH before the halving driven by etfs. That's why it so hurts to bounce around 50-60K for so long.
Fully agreed, the price has prematurely pumped ahead of the assets fixed algorithmic price trajectory due to unprecedented adoption levels from the ETFs and related anticipation. I would say that we would be looking at around 40k naturally without the extra adoption.
