We normally think of financial bubbles as having three characteristics. They have a single cycle, are relatively short in duration, and crash to baseline once they pop. 

https://images.prismic.io/bitcoin-bubble-myth/Zrt240aF0TcGI5kN_image1-31.png?auto=format,compress

Bitcoin's price action exhibits none of these characteristics. 

https://www.bitcoinbubblemyth.com/

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