I believe, given the engineering of Bitcoin technology and the addition of mining difficulty, this logarithmic chart implies Bitcoin's value.
Note
Contrary to Bitcoin maximalists, I think Bitcoin, based on a decay (if no hack or specific event occurs), will begin a perpetual descent at a certain point in this channel and will never return to its previous high point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.