oaksacorn

I have never seen this before...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
255 7 11
33 years in the markets and I have never witnessed anything like this....for such an extended period of time.
Indeed, very interesting, does this mean a change is in the making?
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soon I suspect
+1 Reply
flatline
+3 Reply
sorry new in the market, could u elaborate? Thanks!! :)
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oaksacorn PRO BitcoinGuru
As buccicane says below....flatline on Monthly indicators for 5 or more months...unprecedented.
+1 Reply
ChartArt oaksacorn
You certainly haven't traded altcoins which have very similar trajectories. Going from a value of zero up 10.000% in a month and then slowly going down again.

It's still possible to find the MtGox chart on Tradingview under the symbol: "MTGOX:BTCUSD". This is the chart from just five years ago. The price is still up 46900% from the $0.5 bubble peak in 2010 to $235 in May 2015.

When Bitcoin started trading in 2010 these were the pivot high low prices:
snapshot
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Thanks. I am speaking more from a monthly momentum perspective in the last 6 months. I have no issue with the trajectories.
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