Nominally, Bitcoin has once reached nearly $100K.
The timeline is crowded. Headlines are hot.
But according to Galaxy Research,
if calculated using 2020 dollar values,
the peak is only around $99,848.
It looks like a small difference.
But it feels very different.
What is often overlooked:
rising prices don't necessarily mean increased purchasing power.
Inflation makes numbers look big,
but the actual value is quieter.
The market doesn't just move through charts.
It also moves through time.
And time gradually erodes
the way we judge “expensive” and “cheap.”
When you look at the highest price,
a
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