A quick 🧵 to keep things in perspective folks.
Only 38 days in all #Bitcoin history have ever had a closing price higher than where we currently are at $61k.
What is this, a #Bitcoin dip for ants?
The Compound Annual Growth rate of #Bitcoin over a 4-yr cycle is over 72%.
That smear of colours down the bottom, that's the CAGR of traditional assets over the same period.
No competition.
On a shorter timeframe, the Monthly and Quarterly return profile for #Bitcoin has been extraordinary, punching +1sigma performance not once, but twice since October last year.
This comes despite the toxic overhead supply held over at $GBTC continmually unloading tens to hundreds of millions worth of corn daily.
I think folks underindex just how much sell-side pressure has been absorbed over the last 6 months.
It's massive
The #Bitcoin Realised Cap continues to punch new ATHs, with more than $560B in wealth invested and stored in $BTC.
Liquidity inflow indexes over 30 to 180-days remain positive.
The AVIV Momentum indicator also remains in positive territory, with all timeframes hitting higher altitudes on each successive peak.
A cooldown is underway on the faster 30-day indicator, which is what we want to see for a proper reset.
Don't let your confidence be shaken by short term noise folks.
We have a wealth of data and information available for #Bitcoin which we can use to keep ourselves grounded.
Keep an eye out for my situation analysis published tomorrow for subscribers
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