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This resession demonstrates time and again how reliable and accurate an investment tool it is, because it's the only and ultimate provider of price stability during these challenging times. We may be moving from boring times to times of abundant uptrends, where Bitcoin will dominate the markets. So, the boring times may be behind us.
Without a doubt, bitcoin is the best investment asset I've ever known. Its price volatility is risky, but its long-term performance has created countless new millionaires. Some doubted bitcoin's performance amidst the ongoing wars in various countries, but bitcoin is very different and has proven itself to be more than just an investment. Some people have bought bitcoin as a store of value, hoping to combat inflation with it, and so far they have succeeded.
Yesterday, bitcoin hit a new ath and expectations were that it would continue to reach new highs. Of course, there was a slight correction today compared to the previous day, but that's to be expected after such a significant rally. In a few days, I expect bitcoin to rise higher and test the $120k level.