The $126,000 Mirage: Unmasking Bitcoin’s Greatest Optical Illusion. Why the record-breaking rally wasn’t a victory lap, but a desperate race against the dying Dollar.
https://inbitcoinwetrust.substack.com/p/the-126000-mirage-unmasking-bitcoins
Posted by sylsau
4 Comments
tldr; Alex Thorn of Galaxy Digital argues that Bitcoin’s peak price of $126,000 in 2025 is misleading when adjusted for inflation since 2020. In real purchasing power, Bitcoin never surpassed $100,000, highlighting the erosion of the dollar’s value due to inflation. While Bitcoin’s nominal rise reflects its ability to absorb excess liquidity, its real value demonstrates its role as a store of value against fiat currency devaluation. This analysis underscores Bitcoin’s potential as ‘hard money’ in contrast to the declining purchasing power of the dollar.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
They just made the case to buy more BTC.
Interesting
Fair point, but at the end of the day, the number went up and to the right, so why get hung up on a particular milestone?