Quote from: spin_cycle on February 03, 2019, 02:22:22 AM

Over the three bubbles, you see how the peak shifts down in the color range? The following bottoms also has shifted down in color.
I, a noob, was caught out during the latest bubble, expecting it to reach the previous peak color!
Is it possible to make a chart where the peaks & bottoms have the same color?

totally noticed that, first thing i noticed. I fully expect the next boom to only go to the color right below where the last boom went to. So if it occurs in 2021 which it probably will, it should peak just over $100k. Also every boom has ended up going over the next multiple of ten (2 -> 30s (over $10), -> 200s (over $100, -> $1150 (over $1000), -> $19800 (over $10k) -> $100k? - $130k? (over $100k)), and I think that will continue on this next boom. An guess but an educated guess.

I think we should expect it to continue have booms go lower in the rainbow chart in the future, as bitcoin gets closer to becoming a global asset and therefore it gets closer to maturing. Then again if Wall St buys up millions of Bitcoin over the next two or three years maybe we'll actually see it spike higher instead of lower!