Bitcoin's performance has been very satisfactory. So far, the market price for Bitcoin hasn't made me think the worst.
If I were to see Bitcoin's price below $100,000, I wouldn't call it a bad performance. In fact, the price is still strong above $100,000, and a return to $120,000 or more is very possible.
Here, I reiterate that it's not about price to measure Bitcoin's performance, but rather how people are ready to accept it.
I've only been familiar with Bitcoin for a few years, and this is my first cycle. Overall Bitcoin's current performance has been very personally satisfying, even exceeding my expectations. Prior to the previous cycle, Bitcoin was predicted to only reach $110,000. However with the latest ATH of $124,000, it's already surpassed my expectations, and Bitcoin is even predicted to reach a new ATH soon.
For me investing in Bitcoin is always rewarding, and investing long term can enable us to achieve financial freedom. Therefore I believe Bitcoin will never disappoint. Yes, with Bitcoin's significant growth and widespread acceptance, the benchmark for Bitcoin is no longer price, but rather as an asset that can hedge against inflation.
Investors or traders who have long been with Bitcoin, I make sure they will not issue disappointed sentences or give a bad assessment of Bitcoin performance in the market because they already understand well how the market works. So I put it here to put that Bitcoin is not only about the price to measure good or bad performance even though I know Bitcoin as long as those who know Bitcoin first.
Technically, yes, I am also optimistic who always believes in the future of Bitcoin because it has been proven how Bitcoin works as a cash system.
Rising and down is not a measure but a hedge is a benchmark.