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Model of Economic Bubbles

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A replicated model of "Economic Bubbles" by Jean-Paul Rodrigue which I overlaid onto the BTCUSD -13.83% chart.

Terrifying resemblance considering this this model was created in 2008.

What stage do you believe we are in?

I do not believe this is the end of crypto.
However, I do advise everyone to keep an open mind, and to trade carefully.


I wish you all the best of luck.

Source:
upload.wikimedia.org/wikipedia/commons/4/4b/Stages_of_a_bubble.png
Note
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Note
Here is an interesting way to correlate the 2014 market crash to the current market conditions.
IF this holds true, it is a possible route we could take strictly based off correlation.
snapshot
Trade fermée: cible de profit atteinte
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