Re: Bitcoin has never pass ATH before halving but it has always dip don't panic.
So, again what's NATURAL in this correction? Cause I've never in my life heard of a thing gaining adoption and investment and losing 30% over 3 years of "growth".
you do know the price is not meant to stay at ATH. ~
corrections in general are not to ath/ups.. but the opposite.. corrections are back down closer to value
Care to share one company shares, one commodity, one everything that followed this path?
Grew by the number of users like this:
Quote
he number of global crypto users reached 221 million in June 2021, reported
vsQuote
A research report from Crypto.com estimates the number of worldwide cryptocurrency users surged to 580 million people in 2023
So a ~200% increase in userbase and still toiling 40% behind it's ATH price?
Not even counting all the investment in everything else, all the mining companies listed on the stock exchange, all the payment gateways all the everything, always and regulations, how can one think a correction at this point is NATURAL?
If it's a natural correction then it means the natural price is lower which bring us to the problem of the growth compared to lowest point, just a head's up it would mean that from low to low in the 2020 Bitcoin was out performed by the top gainers on NASDAQ by over 200%.
So if this is the natural growth it means it has lost a ton of its shine in the last 4 years!
Besides making this the natural price would also mean that the halving would be just a pump and dump scheme, right?
So you either label it as NOT being NATURAL at all, or you agree that it underperformed by a ton compared to traditional stocks, which would be way heavier blow and way harder for most to accept!
Again, it's either coping or agree that all numbers on usage and adoptions are blown out of proportions!