Bitcoin Has Not Kept Pace With Inflation, But Remains Up Significantly Long-Term and Could Rally Further

• Bitcoin's all-time high of $69,325 has not kept pace with inflation - to match its 2021 value, it would need to reach $78,905 given current inflation • Bitcoin has still appreciated significantly in value over time - a BTC today is worth far more than when first launched in 2008 • Bitcoin hit fresh all-time highs in other currencies due to dollar strength and currency depreciation • Bitcoin could continue climbing and surpass its inflation-adjusted peak, having rallied 50%+ in 2022 already despite rate hikes • Bitcoin's real value may be what it enables rather than its price - with a capped supply, it could prove deflationary unlike dollars printed during COVID