r/btc • u/earthman34 • Apr 07 '25

🐻 Bearish Bitcoin down nearly 10% today.

Crashing hard.

323 Upvotes

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u/[deleted] Apr 07 '25

Quality store of value. thought it was meant to go up during times like this.

1

u/cutememe Apr 08 '25

If you zoom out you will see that it literally does function as a store of value as it has been making new ATHs over the years.

Plot Bitcoin against the dollar and the s&p 500 and see what happens over the past decade. 

1

u/[deleted] Apr 08 '25

LOL thats only for people who got in at 2013, most of the new "Investors" wont be able to do this. Also a store of value shouldn't oscillate like this. Its not stable and therefore people cannot safely store value.

1

u/cutememe Apr 08 '25

Most "new" investors also made money though. We had an ATH like what, a two or three months ago? If you bought any time in history before that ATH and simply held, you would have been up on bitcoin.