A lot of weird looking charts out there for today, but this one is special: And it felt like it made sense during the run!
Bitcoin tops record $19 000. 4 phases of a bull market: reluctance phase digestion phase acceptance phase exuberance phase <<< we are now here. In this phase, the price is going up at 89 degree slope. soon we will be going through phases of a bear market : the distribution phase <<< coming soon. public participation phase
this is just all CRAZY!!! I have been in the markets for decades.... never seen anything like this... even the dot com stuff was nothing like this... just mind boggling
It's less than the Bitcoin nov-2013 run and much less than the 2011 run. It's just Bitcoin doing its thing.