Worried About Bitcoin Price? Let Data Lead the Wayby@ras
822 reads
822 reads

Worried About Bitcoin Price? Let Data Lead the Way

by Ras Vasilisin2mJune 15th, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Bitcoin has outperformed all asset classes during our lifetime’s most insane monetary policy expansion. Since Q2 of 2020, bitcoin surged 150%, but S&P 500 is up 28%, Nasdaq 18%, and gold only 6%. Large bitcoiners and institutions view bitcoin as a value store. Bitcoin has an all-time high in the amount of supply that hasn’t moved for at least a year. Despite all the madness, the largest holders keep holding. Crashes are temporary. Sometimes the market recovers with lightning speed, as it had in 2021.

Company Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - Worried About Bitcoin Price? Let Data Lead the Way
Ras Vasilisin HackerNoon profile picture
Ras Vasilisin

Ras Vasilisin

@ras

Bitcoiner and CEO @Virtuse

About @ras
LEARN MORE ABOUT @RAS'S
EXPERTISE AND PLACE ON THE INTERNET.

Share Your Thoughts

About Author

Ras Vasilisin HackerNoon profile picture
Ras Vasilisin@ras
Bitcoiner and CEO @Virtuse

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
L O A D I N G
. . . comments & more!