$BTC sitting at $78,446 right now.
4 years ago? $20,250. Scale that trajectory forward and we'd be at $100,188.
8 years ago? $6,700. Same math puts us at $599,878.
We're not even close to the scaled 8-year trajectory. The 4-year run is within reach but still lagging.
Either we're in a slower macro cycle, or the real leg up hasn't started yet. Liquidity and narratives will decide which one it is.
Bottom to top comparisons like this show how early we still are if the 8-year pattern plays out. If it doesn't, we're in a new regime.
4 years ago? $20,250. Scale that trajectory forward and we'd be at $100,188.
8 years ago? $6,700. Same math puts us at $599,878.
We're not even close to the scaled 8-year trajectory. The 4-year run is within reach but still lagging.
Either we're in a slower macro cycle, or the real leg up hasn't started yet. Liquidity and narratives will decide which one it is.
Bottom to top comparisons like this show how early we still are if the 8-year pattern plays out. If it doesn't, we're in a new regime.
