Summary
TLDR: Bitcoin has outperformed all major asset classes in 3 out of 4 years, but has also experienced significant losses in 1 out of 4 years. Willy Woo’s analysis shows that Bitcoin’s long-term chart shape demonstrates its dominance over gold and the S&P 500 index. Despite its volatility, Bitcoin remains a profitable investment option for those who can identify market trends.
Key Points
1. Bitcoin’s long-term chart shape shows a systematically rising logarithmic curve, indicating the explosion in BTC’s price over the past 15 years.
2. Bitcoin outperforms all major asset classes in 3 out of 4 years, generating significant profits ranging from 37% to 5516% in bullish years.
3. Gold and the S&P 500 Total Return Index (SPX) both show declining returns when compared to Bitcoin over the long term, highlighting Bitcoin’s dominance as a volatile yet profitable asset.