I don't know how long Bitcoin will chop around here.
I do know that Bitcoin is back in one of those rare zones where price, fear, and long-term trend meet.
BTC is sitting near the 200-week moving average.
The Mayer Multiple is around 0.80 .
We are bouncing in bottom bear country. Not saying it can't go lower.
But I AM SAYING that Bitcoin is in DEEP VALUE here.
On chain data bears me out on this.
These are the areas where weak hands are gone, leverage has been punished, sentiment is broken, and long-term holders are offered something they almost never get:
time to buy Bitcoin while everyone else is exhausted by it.
You rarely get assymetry to the upside in life.
See the future and seize the moment.
Be Legend.
@TheSamsPodcast I’ve noticed that shes most certainly been going up & to the right since she was first introduced to me during Xmas of 2017. Soon after I found myself within my 1st ₿ear Market. I remember panicking, selling chairs, thinking she would get all bought up. I’m glad I was wrong! 🚀
Markets got everyone depressed today
The real winners aren’t playing 1-5 year games.
They’re thinking in decades.
Most people are too impatient. That’s exactly why only a small few actually build serious wealth in the markets.
Patience compounds harder than any asset
Bitcoin has gone down for almost 8 months now, and the four year cycle is playing out.
How is the "jury still out?"
Honestly, after promoting you a few days ago, I'm disappointed that you thought it was wise to tell your followers that anyone pro "four year cycle" is cheering against Bitcoin.
The people who got it right are not "anti Bitcoin."
They just were trying to help people understand the way the cycles work.
I tried telling you months ago and you told me I was wrong and that it was "not even debatable."
It's ok to be wrong about markets.
But it's not ok to pretend that people who were right are "anti Bitcoin" just because you don't want to face the reality that your views did not play out.
https://t.co/F1JdEyTxIk
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.