BITCOIN What if its Parabolic Growth isnt meant to last forever?
Well you might have expected by reading the title that I meant the opposite, Bitcoin's parabolic growth to stop at some point.
Well even though that's likely, this multi year chart comparison with Nikkei shows that Parabolic Growths some times break to the upside to an even more 'maniacal' phase.
Hard to believe but Nikkei, the biggest most recent stock market bubble in history is a living example.
It was rising parabolically since the 1950s along with Japan's heavy industrial economy.
The heavy export country, reached a transition phase in the early 1980s with highly revolutionary tech companies exporting goods all over the globe.
The stock market broke above its parabolic curve exponentially in late 1983 - early 1984 and peaking on December 1989.
This may be what BTC's massive adoption may look like. A break above its established parabolic curve, which practically no one expects to ever break to the upside.
That will be Bitcoin's 'Mania Phase'. How long it can grow and what price it can reach (if it ever does of course) no one knows.
But what this comparison shows, is to keep an open mind and no matter how expensive Bitcoin may look at the current price, there is always the potential for (much) higher.
Every investor's portfolio should include at least a small portion (2-5%) of BTC for a decade-long horizon.
Previous chart:
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Well even though that's likely, this multi year chart comparison with Nikkei shows that Parabolic Growths some times break to the upside to an even more 'maniacal' phase.
Hard to believe but Nikkei, the biggest most recent stock market bubble in history is a living example.
It was rising parabolically since the 1950s along with Japan's heavy industrial economy.
The heavy export country, reached a transition phase in the early 1980s with highly revolutionary tech companies exporting goods all over the globe.
The stock market broke above its parabolic curve exponentially in late 1983 - early 1984 and peaking on December 1989.
This may be what BTC's massive adoption may look like. A break above its established parabolic curve, which practically no one expects to ever break to the upside.
That will be Bitcoin's 'Mania Phase'. How long it can grow and what price it can reach (if it ever does of course) no one knows.
But what this comparison shows, is to keep an open mind and no matter how expensive Bitcoin may look at the current price, there is always the potential for (much) higher.
Every investor's portfolio should include at least a small portion (2-5%) of BTC for a decade-long horizon.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TELEGRAM: t.me/thecryptagon
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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