Since the 2021 cycle top (~$60-64k), Bitcoin is ~$75–80k today): +20–30% nominal over ~5 years (~4–6% CAGR). CPI over that period: ~20–22% so real return under 10%. It took Bitcoin ETF approvals and institutional flows to recover the nosedive from 64k peak to 16 trough. Politics now sits on Bitcoin prices like cancer. Politicians are a distraction and mostly takers. Need the institutional approach, flows, enthusiasm and makers back. That's what actually made the difference. Working on the save, yet again.(Gabor Gurbacs)