Hypron

Non-Logarithmic long-term look at btc

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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All of my other charts have been logarithmic. However, since we broke the trendline on that, I decided to look at a non-logarithmic chart.

Comments

Although I think the log chart is much more applicable, this is an interesting exercise to look at in linear fashion. Thanks for the chart.

Most of this chart is outside, above, the rainbow channels (Nov 2013 - Sept 2014). The redline is the longest, straightest, most consistent line, ending price in this channel in Oct 2013. Based on this price history, does it seems unusual that Bitcoin's value added in the past twelve months would equal a continued downward pricing trend below the redline?

What else is at play?
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