And what fundamentals would that be? Because everyone I know of keep growing exponentially. Hash rate, unique number of wallets created, network transactions, merchant adoption, ATMs.
The only thing people like you have going for you is the price.
It literally is the ONLY thing you trolls can hang on to. When this bear market ends, you are all going to be nowhere to be seen
Wallet creation means nothing, I've created hundreds of wallets, and I just played with bitcoin for a bit as a small time interest. People can make as many as they want, and routinely do for security principles.
ATMs, merchant adoption don't really matter either. These are just savvy people trying to make a quick buck off of the public.
The only true fundamental that matters is the fact that bitcoin does not solve any problems for average people. Nobody is discovering bitcoin and then buying some so that they can go shopping online. There is no point!
Some of you believe that speculation alone can keep driving it up, but without real utility, that will eventually fail. I think we have already reached that point, since there is nothing more to really look forward to. Merchant adoption has already happened, and all it has done is cause selling pressure. The ETF will probably be denied, but even it it does go live eventually, it doesn't matter. It's just one more method (one of many) to buy bitcoin. It's not an innovation, just another way to lure in "greater fools".