I noticed an interesting analysis from Eric Balchunas from Bloomberg - the guy understands numbers and isn't afraid to go against the mainstream. He looked at the Bitcoin chart from the end of 2022 to the beginning of 2026 and compared it with gold, silver, and Nasdaq. The result? BTC has shaken everyone up. 📈



Many are now complaining about "stagnation" and lack of movement, but Eric Balchunas says it's just an optical illusion. The market has long priced in all the hype about ETFs and institutional adoption, so explosive moves shouldn't be expected. But that doesn't mean the asset is sleeping - it's just working differently.

When you look at the long term, it becomes clear - Bitcoin is leaving its competitors far behind. Yes, there is volatility, yes, short-term candles are scary, but if you don't look at every daily chart, the picture is completely different. Eric Balchunas is right: don't let the noise of the week overshadow the results of the years. 💎
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin