I know y'all have seen this diagram before, and with BTC just crossing $3,800 as I type, where do you think we are in the bubble?
Aw man so cuz I'm a noob it won't post the image... Oh well. Its basically that "main stages of a bubble" chart. Which crypto most definitely is in. But are we just beginning the true ascent, or have we reached the peak? Thoughts?
Aw man so cuz I'm a noob it won't post the image... Oh well. Its basically that "main stages of a bubble" chart. Which crypto most definitely is in. But are we just beginning the true ascent, or have we reached the peak? Thoughts?
I don't know if it is a bubble, but I do think there will be some kind of correction. The price just keeps going up so it has to drop sometime. There will be fluctuations in price even if Bitcoin isn't in a bubble or being pumped. I don't think it would be a bad idea to sell if the price keeps going up because you could buy back at a cheaper price.