For me our rally a few weeks back during the midst of a banking crisis “felt“ better than even our ATH at $69k, as Bitcoin worked just as intended for probably the first time.

Just as we had certain phases of very high pain and depression in 2022 as the prices were plummeting down, we also have certain days or weeks where everything seems to be going perfectly right and we feel amazing. Usually those days are in a bull market, where, as many say, we all feel like geniuses.

So just logically we would think that the ATH of the price must be the complete peak of euphoria and must have “felt“ like one of our best days ever. The Bitcoin ATH occurred on the 10th November of 2021 at $69k and the greed level was truly at an ATH too:

​

Fear and Gree Index

But still for me personally there has been one moment where I felt even better and that was just a few weeks back…

​

Bitcoin Rally during Banking Crisis 2023

From just the 13th to 17th Match Bitcoin underwent a 36% in one week and even more fascinatingly, this was the very week where the FUD around the banking sector collapsing reached new heights. Stocks were falling down and all the chatter was about how bad the situation is but still Bitcoin rallied.

It really felt like Bitcoin for the first time worked for the reason it was made, Satoshi made Bitcoin in wake of the banking crisis in 2008 and how the state just printed more money and bailed banks out with no justice served. Now his work is coming to fruition.