Ah, Bitcoin! That delightful digital bauble, currently outshining the rather dull S&P 500. One might almost think the market, in its infinite wisdom, is finally recognizing true genius. It’s a sight to behold, really, like a particularly flamboyant peacock strutting amidst a flock of drab pigeons. 😉
Mr. Coutts, the esteemed oracle of Real Vision, informs us that while Bitcoin is, shall we say, enthusiastic in its movements, it’s been less disastrous than one might anticipate. Quite a feat, wouldn’t you agree? The S&P 500, meanwhile, seems to be suffering from a severe case of the blahs.
“My dear fellow,” Coutts apparently chirped, “people simply don’t grasp the sheer brilliance of Bitcoin during this… this melodrama of risk assets. With volatility twice that of the S&P, Bitcoin lost a mere 28%, while the S&P, in its infinite boredom, shed a comparatively paltry 19%. Talk about OUTPERFORMANCE! Perhaps it’s not just Bitcoin’s magnificence, but a reflection of the rather tiresome fragility of the old, boring, fiat system. It’s all so terribly… predictable.” 🙄
And what wonders does the future hold? Why, the continued ascendancy of Bitcoin, of course! Because, as everyone knows, the only thing more tedious than a dull stock market is a dull forecast.
“What a spectacle! Things are, quite frankly, falling apart! The creaking, groaning fiat system is exposing its wrinkles, once again! Observe closely over the coming days, and marvel at Bitcoin’s rise as a global settlement layer! It’s all so deliciously fast! First, the rabble knew this; now, the nations! 😜
Bitcoin, as I write, is flirting with the rather absurd sum of $83,227. One can only imagine the heights it will reach. One hopes to be there to observe it, of course, with a glass of something sparkling in hand. 🥂
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2025-04-12 19:22