Bitcoin. Some perspective.

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I am going to have a look at Bitcoin over the last 7 years. I decided on 3 month screen shots between 13 Feb and 14 May. For 2016 through 2022.

I know everything is relative and making or loosing money is a personal thing.

But for the Hodlers I think this gives some hope.

As of this writing Bitcoin is going between 29 and 30k.

So let me look at the last 3 months and the bear market we are in.

Screenshot_20220514-180303_Chrome.jpg

In 3 months we have gone from around 42k to around 30k. Ya that hurts for the short term, day trader type of person.

Same time 2021.

Screenshot_20220514-180346_Chrome.jpg

Stared the 3 month period around 48k and ended around 50k. That was a year ago. I know we hit an all time high between these two of around 69k. But this shows me that Bitcoin market basically has been in decline for a year.

The news does get better.

2020

Screenshot_20220514-180428_Chrome.jpg

Same 3 months it started at around 10k, dropped to under 5 and rebounded. Stop and think about this. 2 years ago. Bitcoin even with today's bear market is worth 3 times what it was.

2019

Screenshot_20220514-180505_Chrome.jpg

Started at about 4k ending at 8k.

2018

Screenshot_20220514-180543_Chrome.jpg

Start at about 8k and ended at about 8k. 2018 and 2019 sort of reflecting 2021 and 2022.

2017

Screenshot_20220514-180717_Chrome.jpg

Starts at about 1k ending at about 1.8k

2016

Screenshot_20220514-180758_Chrome.jpg

Started at about 391 dollars and ended at about 450.

Where will be bitcoin be 13 Feb 2030? I cannot say but prediction from the last seven years.

No 2022 Hodlers will be complaining.



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45 comments
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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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The market looks crazy right now

Posted Using LeoFinance Beta

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Good analysis here, I just hope things bounce back sooner. I also thinks that the best time to buy any crypto is now

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I think BTC will be higher in the long term due to the deflationary tokenomics and reputation. So I just think it's better to ignore the price because the whales can influence that too easily.

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Thanks for giving us perspective, reasons to be positive and sharing this with ListNerds!

Have a great Sunday :)

!CTP
!ALIVE

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Thanks for zooming out and giving some perspective. And let me do the prediction. I predict that BTC will go to somewhere between 12.5 and 21K by November 2022 and will reach 300K by November 2025. No not getting that from my Chrystal ball I broke that one so I had to do some research and data crunching in this one:
https://leofinance.io/@whywhy/every-cycle-bitcoin-drops-84-from-its-top-will-this-cycle-be-different

!CTP

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Yes, I rad you post. Fantastic job. Sellers are going to be so sad in the future 😢

!BBH

!ALIVE

!CTP

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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a good analysis there Bradley, surely some cause for hope for those that have the patience to wait out the storm (i know I do). Of course it's not just bitcoin that has to be watched but other coins and tokens too, since most tend to follow the ups and downs of the great grand-daddy of crypto. !hivebits

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A 8 year holder is a sure winner! 😄 😂

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Lol. When you get my age, 8 years is like 8 weeks.

!BBH

!ALIVE

!CTP

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Still fresh in my mind when I was in South Korea. My four-year stay there was very short. Perhaps, like four weeks too. 😄

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Well global trend is up whatever are temp positions, but the question is how steep the curve will be in the next couple of years. Hodlers are hoping for bigger jumps in shorter period of times but it depends much on other factors like global economy, stock prices etc.

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Absolutely, I would not want to predict but history shows markets always rebound and come back stronger 💪

!BBH

!ALIVE

!CTP

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Awesome Post, Bradley. This gives a nice perspective of Bitcoin history. Hopefully, it will calm some nerves for HODLers.
!CTP

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But, Buy, Buy. What else could you think looking at those charts.

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