🚀BITCOIN IS PRIMED FOR A 2 YEAR MEGA EXPLOSION🚀
bitcoin:native is trading at $63.9K.
Its realized price, the market’s aggregate on-chain cost basis, is $52.9K.
That’s only a 20.9% premium.
Translation: 79% of Bitcoin’s history was more expensive relative to its cost basis than today.
This valuation band has appeared on just 280 days in Bitcoin's history.
Across 14 independent historical episodes, median forward returns were:
6M: +32%
12M: +120%
18M: +292%
24M: +645%
Six months was noisy.
But at 18 months, 13/14 episodes were positive... and the lone loss was just 2%.
At 24 months? 14/14 positive.
Worst return: +41%.
BITCOIN IS THE PATIENCE TRADE: