GM. Just a list of some historical bubbles and their estimated lengths. Note how many cycles each of them had. Also note that these bubbles resulted in a crash down to baseline or zero. So how many crashes has bitcoin gone through that did that? #btc #bitcoin https://image.nostr.build/a0cb120599e32c81f93cfecf189a140e0e05ac558751e5471abf0df83b93f35a.jpg
Another graphic. Spot the bubble: https://images.prismic.io/bitcoin-bubble-myth/Zrt250aF0TcGI5kR_image8-45.png?auto=format,compress https://www.bitcoinbubblemyth.com/ #btc #bitcoin
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/ #bitcoin #btc
Bitcoin Bubble Myth is here to dispel the myth that Bitcoin is a bubble once and for all! https://www.bitcoinbubblemyth.com/ #bitcoin #btc #grownostr
Notes by Bitcoin Bubble Myth | export