Bitcoin valuation - below $800B (soon)
Anthropic valuation - $945B
OpenAI valuation - $865B
SpaceX valuation - $1.65B
And these are single companies - unprofitable, and not public yet
You’d have to be an idiot to invest in these IPOs when you can just buy BTC at cheaper price
People still think (or feel) because Bitcoin is down crypto is down.
Derivatives/perps, stablecoins, prediction markets, etc are all up in crypto.
Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in.
(And yes - Bitcoin is going to do great and is as important as ever - one of many cycles we've all been through.)
The maniplation phase $BTC
The stage of the cycle where traders continuously lower their price target.
There's nothing wrong with being early on an asset that has already dropped 52% and completed 80% of its bear market.