From $15,000 to $44,000 we are up 190%.
190% is a lot but the market still feels so bearish. It feels this way because the bear market was so brutal with all of the collapses like FTX, Celcius, 3AC etc.
If we had bottomed at $20k instead of $15k this years 190% rise would have brought us up to $58k already.
This is to say if the FTX drama didnt happen we would likely be up at near $60K right now getting ready to break into new all time highs in early 2024 before the halving even takes place.
It may not feel like it but 2023 has been insanely bullish and that bullishness is about to get even crazier with the ETFs and the halving early next year.
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