Well, it does not look like anything good is happening.
Contrast this with early in the year when almost everybody were salivating at the prospect of selling a bunch at 100K-300K...since EVERYBODY knew that that's were we would be in December.
Too many people looking at inflation and thinking "I'd better keep hold of my filthy fiat as I'm not going to be able to buy as much with it" rather than "I'd better buy something worth holding with my filthy fiat before the government makes it worthless", I suspect.
yep which is why you need to develop a fiat to btc ratio that makes sense for you.
I am older so we are set up as below
The wife is 100% fiat.
I am 80% BTC .
And each year I am gaining on the wife with my btc. net value as compared to her fiat + house net value.
my wife is 100% stocks, and I am mostly bitcoin plus a 60/40 high growth stocks/cash (short term bonds) in "regular" portfolio.
That said, her portfolio slightly outperformed btc since four years ago exactly.
You can check yourself: QQQ is up 2.488X (392.26/157.65) since Dec 13 2017, while bitcoin is 2.346X (46522/19835).
Four years is a pretty long time, presumably a whole cycle, so spare me bias complains and talk about picking up bottoms as almost nobody can do that.
Hopefully, it would be much better going forward and if not, I might still hodl as I don't understand most stocks valuation, currently.