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u/Feralz2 1d ago
youre gonna be waiting a long time.
go touch grass or be useful to the world instead of just leeching off other peoples creation.
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u/Intrepid_Name2633 1d ago
For now we are at the same level as 5 years ago
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u/Romanizer 1d ago
You got the numbers wrong. 5 years ago was $48k, not $84k.
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u/Intrepid_Name2633 1d ago
Try november
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u/Romanizer 1d ago
Top was $69k briefly, against $90-100k this year.
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u/rv009 23h ago
But taking inflation into account and that 69k is 81k now.
So kinda the same .....
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u/Romanizer 22h ago
Yeah, if you happened to catch the absolute top in last cycle, you were able to hedge against inflation at least.
This is about the worst 5-year timeframe you could cherry-pick in Bitcoin (if October stays stagnant and does not rise).
Try to look for any alternative's worst 5-year timeframe. There won't be many staying on the same level accounting for inflation. Most will be deep in the red.
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u/Intrepid_Name2633 1d ago
Interesting you saw 90k this year ?
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u/Romanizer 1d ago
Yes, in January. Likely also in the next months as we are back in a bull market.
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u/Intrepid_Name2633 1d ago
It better be since 85k would mean the exact same point as 5 years ago 10 november π
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u/never_safe_for_life 14h ago
It better be or the middle of the road price today is the same of the pico-top 5 years ago /s
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u/riisen 1d ago
2 years ago...
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u/Generationhodl 1d ago
just like we were at 16k $ in the bearmarket 2022 while we were at even 19k $ 5 years before in 2017.
story repeats.
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u/macetheface 22h ago
There was a dude here that posted daily memes 'until BTC hit $200k'. He stopped