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COMPARISON WITH HISTORICAL GOLD MARKET DEVELOPMENT
– The first US gold ETF was launched in November 2004
– This event marked the beginning of a 400% rally in gold that lasted for several years
– It is important to understand that the gold bull market did not start overnight
– The rise was gradual, with several corrections throughout the period
– When superimposing a chart of the gold bull market of the 2000s on top of Bitcoin's current rally, the patterns look very similar
– The current decline, while it may seem painful, is consistent with the broader trend of institutional acceptance
🥂 Anyway, let's stay where we are, Bitcoin will get its way. Everything is going according to plan