BitcoinLong
2015 or 2019? BTC TracKING bubbles
Can you tell the two apart without looking at price?
I cannot.
Long.
TP 1: $50,000
TP 2: $67,000
TP 3: $95,000
Bubble 1
January '13 $2 to January '13 $1200 = 50,000% increase
Crash til January '15 $150 = -85% decrease
Bubble 2
January '15 $150 to December '17 $19,600 = 12,000% increase
Crash til December '18 $3170 = -83% decrease
Bubble 2 percent gain was 25% of Bubble 1
By extrapolating that to Bubble 3, I expect a 3,000% increase in price.
From $3170 to $95,000
I cannot.
Long.
TP 1: $50,000
TP 2: $67,000
TP 3: $95,000
Bubble 1
January '13 $2 to January '13 $1200 = 50,000% increase
Crash til January '15 $150 = -85% decrease
Bubble 2
January '15 $150 to December '17 $19,600 = 12,000% increase
Crash til December '18 $3170 = -83% decrease
Bubble 2 percent gain was 25% of Bubble 1
By extrapolating that to Bubble 3, I expect a 3,000% increase in price.
From $3170 to $95,000
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.