The researchers defined a bubble as a sharp price run-up over a two-year followed by at least a 40% drop over the subsequent two years. When the price run-up is 100% or more, they found the probability of a crash becomes 50%. When focusing on price run-ups of at least 150%, that probability becomes 80%. As price run-ups become even bigger, a crash becomes “nearly certain.”
https://www.marketwatch.com/amp/story/guid/6D6CF0C8-D3AF-11E7-8E50-41CEEA71C61F
Que sad trombones. However, I plan I buying the dip :)!
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You have collected your daily Power Up! This post received an upvote worth of 0.18$.
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One thing I am sure of is that Bitcoin is here to stay. Despite all odds, it keep moving.
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This post has received a 9.49 % upvote from @sneaky-ninja thanks to: @discernente.
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Couldn't agree more. Bitcoin's rise the last few months has been very unhealthy and unsustainable in the long term, i.e. bubble.
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13.42% @pushup from @discernente
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This post has received a 12.50 % upvote from @lovejuice thanks to: @discernente. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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This post has received a 24.77 % upvote from @aksdwi thanks to: @discernente.
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You got a 20.72% upvote from @upme thanks to @discernente!
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This wonderful post has received a @discernente 20% upvote from @mrswhale. Discord Channel: https://discord.gg/XG4y3mg Be sure to vote for witnesses at https://steemit.com/~witnesses
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