Note the following:
- Past bubbles are spaced evenly apart
- Past bubbles share a similar pattern (red dotted line)
- Longterm trendline A passes through the price action of II, but nicely touches the post-peak rally and on to III.
- Longterm trendline B is a reset of A, touching the post-peak III rally and presumably peak IV new all time high.
If somebody knows of any commodity/asset/security that has multiple rising bubbles like BTC has, please let me know.
- Past bubbles are spaced evenly apart
- Past bubbles share a similar pattern (red dotted line)
- Longterm trendline A passes through the price action of II, but nicely touches the post-peak rally and on to III.
- Longterm trendline B is a reset of A, touching the post-peak III rally and presumably peak IV new all time high.
If somebody knows of any commodity/asset/security that has multiple rising bubbles like BTC has, please let me know.