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GetRichLeek
· 6h ago
Damn, this is eye-opening. The dollar illusion is really something.
Even CHF hasn’t broken out, and here I am foolishly FOMO-ing over the dollar price—a typical retail investor perspective.
Wait, does that mean my bottom-buying in January was a huge loss?
But on-chain data shows... never mind, I’m just bragging again.
Should I start switching to fiat mindset next?
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FalseProfitProphet
· 12-04 07:00
Damn, from the Swiss franc's perspective, BTC really isn't that hot...
Wait, doesn't this mean the USD is just putting on a show?
Fiat trap, I fell for it.
I've said it before, just looking at USD is misleading.
The Swissie sniper really didn't let us get hyped.
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DAOdreamer
· 12-04 06:32
Damn, this perspective is insane... From the Swiss Franc's point of view, BTC hasn't really gone up at all.
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That's actually true. What is the US dollar bubble hiding?
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Looking at BTC in multiple currencies is where the real value is. If you only look at the US dollar price, you can really be fooled.
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This is wild. Is the 126K narrative just paper wealth?
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Now I remember, viewing the same asset in different currencies can reveal a lot of truth.
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So the bull run only benefits US dollar holders? That's harsh.
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The CHF perspective breaks the illusion. This is the kind of analysis I love to see.
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Wait, does this mean global liquidity isn't as optimistic as it seems?
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No wonder it feels like the gains are hollow. Turns out dollar appreciation squeezed out the gains in other assets.
Here's something wild: if you've been tracking Bitcoin in Swiss francs, it's been bleeding since late January.
Peaked just under 100K CHF back when the new administration took office. Never broke through again—not even when the dollar price pumped to 126K.
What if the whole "2025 bull run" narrative was just dollar illusion? Different currency, different story.
Makes you wonder what's actually next.