Bitcoin: 2024 Returns

The speaker is discussing Bitcoin's performance in 2024 and comparing it to its performance in 2023. They note that the pattern of Bitcoin's movement this year is almost identical to last year, with an initial move up, a 6-9 month lull, and a Q4 rally. The year-to-date ROI of Bitcoin in 2024 is similar to 2023, with a return of 2.14x this year compared to 2.65x last year. The speaker suggests that Bitcoin's behavior is following a cyclical pattern, with the current move similar to what happened in 2023 and also similar to 2021, but not similar to bear market years or post-halving years. They also compare Bitcoin's dominance to its behavior in 2023, noting that it is following a similar pattern. The speaker concludes that Bitcoin's performance in 2024 is looking similar to 2023 and that it may be consolidating before making further moves.