SATOSHI • NOSTR • AI CLAW • LINUX • ₿2B • OSINT | HODLER ∞/21M
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Just above the unification zone now, where all previous bear market activity lines up. Bitcoin would need to be at least 52k to get there.

Again, this zone also implies a slow grind down to 35k by September.

Compared to other bear markets, there really hasn't been anything unusual so far after almost 9 months in.
#BTC Is The Benchmark

When assets are measured in dollars, many appear to be making new highs.

When they're measured in Bitcoin, the picture changes dramatically.

📉 Gold: -37.8% per year vs BTC
📉 Silver: -38.5% per year vs BTC
📉 S&P 500: -36.8% per year vs BTC
📉 WTI Oil: -40.9% per year vs BTC

Since 2014, each of these major assets has lost roughly 99.5%–99.8% of its value relative to Bitcoin.

This doesn't necessarily mean gold, stocks, or commodities are bad investments.

It means Bitcoin has outperformed almost everything else over the last decade.

The asset isn't changing. The measuring stick is.

Most investors track wealth in dollars.

The biggest Bitcoin believers track wealth in BTC.

And depending on which unit you choose, the story looks completely different.| abre.ai/web2040