BitcoinLong
UPDATED. Economic cycle of bitcoin
Developing on an idea from yesterday where i explain the economic cycle of an investor via bitcoin chart, i have elaborated on this by running the same process across the chart from 2014 to 2018.
The chart speaks for itself. All points needed to know/note are clearly marked on the chart.
The cycle is clear and the trend is clear.
The point of which the next expansion/pre-recession will end? That's not something i could say for sure yet, although, based on averages, 78K looks good.
The chart speaks for itself. All points needed to know/note are clearly marked on the chart.
The cycle is clear and the trend is clear.
The point of which the next expansion/pre-recession will end? That's not something i could say for sure yet, although, based on averages, 78K looks good.
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