RE: This WAS NOT a Bubble...or THE Bubble anyways...

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This WAS NOT a Bubble...or THE Bubble anyways...

in cryptocurrency •  6 years ago 

Bitcoin only trades off of a logarithmic scale, even when you utilize a regular chart you will still see that bitcoin did not have a true bubble rebound by any means and instead methodical selling the whole way down. That does not show true aspects of a bubble considering the violent nature we should be seeing. The banks are just loading up here...

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I understand your point now. Bitcoin itself moves logarithmically, so you showed it on a logarithmic scale. I find it a dubious premise but I understand it.

I actually believe that the other charts are logarithmically too...it just goes to show a true crash has some major velocity both ways and more to the downside. It is going to be interesting here.