Here's another perspective on my other chart here:
Comment
⋅
This chart from Koryu is fantastic-
Comments
DAVEREXX
⋅
nice chart
MinoAcc
⋅
Hi, why is point (5) so high please ?
mychartslie
⋅
@MinoAcc, because we'll get there eventually if you just hodl :)
But to be a tad more technical, the last three pumps ended around 3-7x higher than the beginning of the bull run. 0.06 BTC would be a 6x pump and would bring it closer to the true market value of the network, about $700 million. It's WAY undervalued right now at around $109 million.
MinoAcc
⋅
@mychartslie, Thank you, maybe it will be wise to buy and hold then :)
mychartslie
⋅
@MinoAcc, wise decision. I think you'll be rewarded greatly.
mychartslie
⋅
@MinoAcc, Should have doubled your money (USD) by now :)