The thing is: The graph is based on reality, not fiction.
The thing is: The graph is based on the past, not the future.
Extrapolating is always dangerous. It works till it doesn't.
I also expect that we're probably shooting up by a factor of 5-10 in a few months...
But it isn't a given.
This.
Technical analysis uses a lot of selective sampling and selective selection of analysis strategy. For example: What exactly is the justification to choose a logarithmic scale? Just because this is the only scale where you can draw a trendline?
That's not proper science, it's manipulative selection of methods (and timeframe) until you get the results you want to get.
Selective sampling and selective selection? Wtf have you been smoking bro? Give me some of that sht!
What is "selective" on the graphs? There's an X and a Y axis, time and market value. That's it, nothing taken away and nothing added.
Justification to chose a logarithmic scale? Well you answered that yourself didnt you: You can Draw a trendline, see the trend of the curve and make a prediction.
It ain't proper science? Ofcourse not. The sentence following that is fkn stupid though. "Manipulative selection of Methods until a wanted result is given." Erm... No?
You are free to make a graph on Your own proving me it's possible to stick to facts, as theese graphs do, and get a different result.