Bitcoin has come all the way from being nearly dead due to one exchange, Mt. Gox, collapsing. To still doing fine in the wake of a financial crisis, recession and multiple big exchanges going down.

For me it is not the biggest joy to look on the daily Crypto charts and see how we are up 4% or so today, but instead I like to have a more long-term oriented view in Crypto. So basically I zoom out on the charts, a lot. Even more than that I also don‘t just look at the prices, but the history behind every price, every correction, every bear market and every bull market.

While doing so and not being stuck on the short-term and price-oriented perspectives, you can actually have a deeper understanding and conviction towards the markets - as you will see how far we have truly come, how many problems/crisis we had along the way but how we still stand here.

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Sorry for the bad quality, BTC price chart

Here we can see the BTC price chart and I marked how we had one of our biggest events in the past, which was the collapse of Mt. Gox, that was an exchange that had an even higher market share than Binance today. The collapse of it was a heavy hit and could be compared to even worse than Binance collapsing today.

People then actually thought that Bitcoin is dead and I do also think that this is probably the closest BTC ever was to just dying out. And today we still stand here, this year alone we have the pressure of a recession, banking crisis, top exchanges like FTX collapsing and many more like LUNA, Celsius, BlockFi and so on collapsing.

The fact that we can today withstand in an environment where we have way larger problems in the whole world that affect Crypto, but the prices still did hold relatively well in comparison to past bear markets, just shows ow much the markets have already matured.