Lechango

Long Term Dead Cat Bounce in BTC

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
427 2 4
We see quite a few "bubble cycle" charts on BTC here. Well here's one on a longer timeframe, we're still in a dead cat bounce.

BTC's peak of usefulness and adoption was 7 years after the genesis block, you can see this on my previously published chart. I'd expect the last high for BTC will top out somewhere around $700.

Oops!! Are we returning to normal?
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"I'd expect the last high" ... bitcoinobituaries.com
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