Yeah for the first time in it's history BTC has had 4 consecutive red quarters, is it that bad?

The second most voted post of today shows that this is the first time that BTC has has 4 consecutive red quarters. That means 12 months of free falling. But is it that bad?

We are on a full blown recession. Many tech companies are actually performing quite worse than BTC. And we are still holding strong over 16.5k. In 2019 we had also fallen ~75-80% from 20k to 3.5k and now we lost that same % in the middle of a full recession, lower wages, quantitative tightening and the markets falling like rocks off a cliff.

So, are we that bad? I don't think so. Yeah, altcoins got beaten down but I feel this bear market we are doing much much MUCH better than before in market conditioks that are much harsher for the markets.

Even after the collapse of UST & FTX/SBF fiasco we could be doing much worse. But here we are holding strong.

Putting this into perspective is important for when bullish market conditions come back and recession, inflation, war and QT in all forgotten and we are booming. We just need to think ahead.