Market price has so many variables that affect it, many of which aren't even related to Bitcoin and are more the overall economy, that it's not a very good metric to view the network by. Although even I attempt to do so as my previous posts of attempting to plot an overall trendline show lol. But really the hashrate and difficult keeps rising, as does the production cost, and those are the real metrics to pay attention to.

Since Jan 2023 the production cost has risen 550% from $20k to $110k today. That's about 5.15% growth per month averaged over 34 months. Granted, this includes a halving, but the next 34 months also includes a halving... We'll see what happens.