Bitcoin.
It developed a succession of bubbles since it exists. We will not talk here about what makes an asset, or a cryptocoin look like a bubble, we will just gonna be studying Btc.
We can see that some of the bubbles were bigger than some others.
Every time a bubble bursted, Btc came after some time with a higher value.
Btc seems to be an accumulation of bubbles inside a bigger one.
Think about Btc beeing in a 2 dimensional space. Btc would be able to sustain a certain quantity of cumulated bubbles, before the accumulation of bubbles becomes unsustainable for itself, its health and its reason to remain high valued.
In this exemple, i showed a possible Btc bubble burst by the top of the main bubble.
The accumulation of a too high and too quick price increase, broke the overall geometry of Btc health, making it possible that Btc is irreversibly hit and will not be able to get back to this height.
As you can see, the size of the overall Btc health will not make it able to reach this height anymore because of its curval form.
All of this is purely hypothetical. The overall size of Btc health might be even bigger than it is right now, and we could be in the middle of another random bubble, and there might be 2 more to come, 10 more to come, and Btc could reach a value of 100.000Usd or even more.
It all depends on the real health size of Btc.
What makes the health size of Btc is its definition of itself, and its utility over time.
If its global maximum capacity health gets pierced, it will probably not allow anymore higher bubbles to exist inside, which means the prices would remain lower that the high piercig top price.
The curved geometrical form would allow Btc to form smaller size bubbles for a short time until Btc could remain a sort of stable Virtual asset with lower prices, trapped into a limited sized curve.
It developed a succession of bubbles since it exists. We will not talk here about what makes an asset, or a cryptocoin look like a bubble, we will just gonna be studying Btc.
We can see that some of the bubbles were bigger than some others.
Every time a bubble bursted, Btc came after some time with a higher value.
Btc seems to be an accumulation of bubbles inside a bigger one.
Think about Btc beeing in a 2 dimensional space. Btc would be able to sustain a certain quantity of cumulated bubbles, before the accumulation of bubbles becomes unsustainable for itself, its health and its reason to remain high valued.
In this exemple, i showed a possible Btc bubble burst by the top of the main bubble.
The accumulation of a too high and too quick price increase, broke the overall geometry of Btc health, making it possible that Btc is irreversibly hit and will not be able to get back to this height.
As you can see, the size of the overall Btc health will not make it able to reach this height anymore because of its curval form.
All of this is purely hypothetical. The overall size of Btc health might be even bigger than it is right now, and we could be in the middle of another random bubble, and there might be 2 more to come, 10 more to come, and Btc could reach a value of 100.000Usd or even more.
It all depends on the real health size of Btc.
What makes the health size of Btc is its definition of itself, and its utility over time.
If its global maximum capacity health gets pierced, it will probably not allow anymore higher bubbles to exist inside, which means the prices would remain lower that the high piercig top price.
The curved geometrical form would allow Btc to form smaller size bubbles for a short time until Btc could remain a sort of stable Virtual asset with lower prices, trapped into a limited sized curve.