We can see the price of Bitcoin is going down gradually but no one wants to understand it
ok you ssay its going down.. as if there is a magic number bitcoin should be at..
i dare you to tell me this
bitcoins value and sustainable level is NOT the all time high.
the speculative market of an all time high is its PREMIUM. where no one wants to buy it any more. at that precise day
fish do not live at the tip of a tsunami wave.. they live at sea level
cattle do not live at the top of an erupting volcano. they live at ground level
bitcoins value and sustained store of value is at the ground level
if you loon at the periodic ground level of the fundementals of bitcoin cycles (halving events(4 years)) you notice the lows of 2022 are higher then the lows of 2018
or more precisely 2022 ground level low is higher then 2016 low which was higher than 2012 low
the correction from a temporary tsunami,volcanic eruptions. is just that the correction back to value.
we are currently testing new ground at a ground level thats higher than previous ground/sea level.
each cycle/periodically the ground /sea level rises.
yes enjoy the waves and eruptions. just dont try living up there. ride the waves and quakes. just dont get burned or drowned at the tops