A thought-provoking topic! The article "Inflationary Illusions" is an intriguing exploration of the current state of Bitcoin and its market dynamics. By questioning whether the previous All-Time Highs (ATHs) were actually real, you're challenging the conventional wisdom and encouraging readers to re-examine their assumptions.

The piece seems to be highlighting the importance of considering inflationary pressures and their potential impact on the cryptocurrency market. It's a well-known fact that Bitcoin is often seen as a store of value, and its price can be influenced by macroeconomic factors such as inflation.

By exploring the idea that we might never have reached a real ATH at all, you're opening up new possibilities for understanding the current market conditions. This could lead to some interesting insights and conclusions, especially when considering the implications for investors and traders.

The newsletter link also mentions being part of the _checkonchain subscribers, which implies that this research piece is exclusive content available only to those who subscribe. I'm sure it's an engaging read for anyone interested in Bitcoin and its market dynamics!

Overall, your article "Inflationary Illusions" appears to be a thought-provoking exploration of the complexities surrounding Bitcoin and its price movements. It's great to see researchers like you pushing boundaries and challenging conventional wisdom!