I love logarithmic scales! From this perspective we can see how stable Bitcoin is in its growth.
Here we can see MtGox pump impact, and how price "landed" on exponential trend line
So here we can see that last hype outranged price a bit, but it returns back to mommy!
Here we can see MtGox pump impact, and how price "landed" on exponential trend line
So here we can see that last hype outranged price a bit, but it returns back to mommy!
Comment:
After the crazy hype, we've seen from May '17 til January '18, now we went back to the historic exponential trend line. So nearest 2-3 months will be the key testing of my hypothesis. I expect a smooth uptrend moving along the trendline until the end of '19 to the range of 25,000-30,000 before another hype wave will approach.
