I zoomed out on BTC and immediate remembered the Stages of a Bubble diagram by Jean Paul Rodrigue. At the same time I am bullish on Bitcoin long term. Always nice to check yourself and your hope, markets dont care about how you feel. "Never fall in love with a stock".
@Nine_Five, I am not giving a price prediction. I am showing a correlation to Jean-Paul Rodrigue's "Stages of a Bubble"
elshanti
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Highly Agree
MFINITI
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Stop spreading FUD.
aoeuaoeu
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@MFINITI, He is just giving a warning that the prices could drop, not predicting the absolute top. Bitcoin is obviously gone up really quickly and will eventually see a big correction. Besides, how can this one chart actually spread FUD and influence the market? He said he was long term long.
kharak
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@MFINITI, I am not giving a price prediction. I am showing a correlation to Jean-Paul Rodrigue's "Stages of a Bubble"
atdykema
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@MFINITI, Warning people that Bitcoin may drop in value based off of analysis of markets that acted in this same way is FUD? I don't think so. I think you are just in denial
idontknowwhat
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-$200 bitcoin? cool
kharak
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@JackMush, I am not giving a price prediction. I am showing a correlation to Jean-Paul Rodrigue's "Stages of a Bubble"
dervious
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Fast forward to year 2027 in order to see this pattern unveil! As of this moment the JP Morgans has got 20x BTC out of Ripples, they will never let this much wealth simply disappear... whether you like it or not BTC is heading towards 50k ... too bad if you missed the stop to get in/...