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Ashii đš
@arskiak
BlackRock published a great Bitcoin report Key chart đ: âBITCOINâS LONG-TERM PERFORMANCEâ The chart shows Bitcoinâs price movements from 2010 to 2024, highlighting four major bull and bear cycles: ⢠First Cycle: 592x gain, -93% drop. ⢠Second Cycle: 555x gain, -84% drop. ⢠Third Cycle: 104x gain, -83% drop. ⢠Fourth Cycle: 21x gain, -77% drop. Despite high volatility, Bitcoinâs cumulative return is 807,000x over 14 years. The overall trend shows significant long-term growth, outpacing bear market losses.
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