As the block subsidy continues to halve, transaction fees will emerge as the primary income for #Bitcoin miners in the coming decades.

Ahead of #bitcoin halving, comparing cycles via realized price—an insight from @therationalroot — provides a more current comparison of the cycles vs. using prior bottoms, tops, and halvings.

#Bitcoin self-regulating fee ecosystem

3 more months #bitcoin

#bitcoin cycle

#bitcoin ROI per cycle

bitcoin bottom to top

Perspective is everything. 'Bitcoiners' see an exponential pattern, 'Normies' see a bubble. We are not the same.

$69k two years ago today

Bitcoin hasn't seen a 25% drop in over a year – it's rocking unprecedented stability! 📈 PS. Boredom level 💯

Drawdowns

#bitcoin indexed by cycle peaks

mayer multiple

Drawdowns

bitcoin daily fees

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Bitcoin has only had 3 down years (2014, 2018, 2022). This is what happened the year after.