It's interesting that the historical price of Bitmine 🤔

Recently, Bitmine(BMNR) has been trending on my feed. So, I wondered the historical price of Bitmine 🧐

In 2021, it reached $880, after that it collapsed below $2. It was really shocking 😲(-99.8% price correction & 3-year consolidation period) Recently, it surged to around $160. But now it's around $40.

If institutions lead the next 3rd altseason, BMNR might rise further. Since they hold ETH as an underlying asset, I assume that for the next bearish market, BMNR wouldn't have a severe price correction like -99.8%.

However, someone who will buy a next ATH(All Time High) of BMNR might have a tough time for a next bearish market 🫠