Gday all,
Some time ago, I read an interesting article that showed how each of the BTC bubbles followed a similar well-known pattern :
The point was, each BTC peak was way higher than the previous one - like orders of magnitude higher.
IIRC:
First peak went to a few cents,
2nd peak went to a few dollars,
3rd peak was quite a few dollars,
last peak was $20,000.
But each followed the same bubble pattern, just at different scales.
I cannot seem to find it now, hoping some knowledgeable reader can recall that specific article ?
Maybe that's why some posters predict the next peak ?
Kapyong
We are definitely going to see a bubble in the price of bitcoin starting from next year, the bubble this time is going to be very massive and we might see the price of bitcoin getting to $100,000, especially when we have begin to see the economic crisis happen in so many countries of the world, we should be happy and celebrate that we were able to have patience in the crypto market and waited for the correction to occur without giving up in the crypto market, and now we are going to see a massive bull run in price.Some time ago, I read an interesting article that showed how each of the BTC bubbles followed a similar well-known pattern :
The point was, each BTC peak was way higher than the previous one - like orders of magnitude higher.
IIRC:
First peak went to a few cents,
2nd peak went to a few dollars,
3rd peak was quite a few dollars,
last peak was $20,000.
But each followed the same bubble pattern, just at different scales.
I cannot seem to find it now, hoping some knowledgeable reader can recall that specific article ?
Maybe that's why some posters predict the next peak ?
Kapyong