I didn't know this had a name, I always thought of it as an S curve flipped by 90Ā°. And if you think about it it has to be true
The longer Iāve been in Bitcoin, the more the Stock-to-FOMO model feels like the right mental framework.
Weāre in the middle, the most boring stage of Bitcoin price action. I keep thinking weāre close to the other side, but the middle might be longer than we expect.
Those who say Bitcoin price action will never look like the early days forget what their denominator is. Fiat only goes towards zero.
Until then, Bitcoiners who missed the early rise are left to patiently stack sats, slowly losing our minds on our way to Suddenly.
Thanks nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89 for the chart
Discussion
Exactly. Who knows the shape but it's gotta be directionally correct