Why Nostr? What is Njump?
2025-03-09 02:17:02
in reply to

TheBitcoinBattery on Nostr: Bitcoin's bottom rises at a consistent rate of 0.203% a day on average or 109.6% a ...

Bitcoin's bottom rises at a consistent rate of 0.203% a day on average or 109.6% a year (1.00203^365 = 2.096). Barring massive global macro events lowering the bottom, such as happened in 2020 with the COVID crash and China banning mining in 2021, the price consistently rises at that rate over the long term as new people join the revolution either by mining or by stacking.

Don't worry about the day to day, it'll pump and deviate from the bottom trend line and then it'll drop back towards the overall trend every time (assuming no global macro events occurred).

We are right on the trend line, the bull run starts in about a month or so before peaking around October around $1M more or less. Then it'll dump back towards it's trend line and hit it around a year later at about $300k more or less.

We're right on track. Covid and China took the previous bull run from us, but nothing has fundamentally changed.


Author Public Key
npub1kl8aguhljq6yrmrv64dm2phew3pprfhx3ef9yh2zg3gkn0dq8adqzfq497