Bitcoin: The Safe Haven They Said It Couldn't Be

Bitcoin: The Safe Haven They Said It Couldn't Be

Year-to-date performance:
- S&P500: -7.5%
- Nasdaq: -9.3%
- BTC: +0.4%

I've been dreaming of the day when I could finally say - with numbers to back it up - that Bitcoin is a safe haven asset. And now, that day has come.

To be honest, I've been waiting for this moment for five years. I still remember March 2020, when Bitcoin crashed 50% in a single day. Someone on Twitter asked, "So where's your safe haven now?!"

I wanted to reply, "Look at the bigger picture!" But I doubt it would have convinced them. After all, people see what they want to see - especially if they just lost a lot of money.

The truth is, you can find numbers to support any narrative. With the right timing, you can make Bitcoin look like the riskiest asset out there - or the safest.

But lately, it feels like more and more crypto holders are starting to see Bitcoin as a true safe haven. Unlike most other coins, Bitcoin always comes back - whether it drops 30%, 60%, or even 90%.

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