Model of Economic Bubbles
Updated
A replicated model of "Economic Bubbles" by Jean-Paul Rodrigue which I overlaid onto the BTCUSD -13.83% chart.
Terrifying resemblance considering this this model was created in 2008.
What stage do you believe we are in?
I do not believe this is the end of crypto.
However, I do advise everyone to keep an open mind, and to trade carefully.
I wish you all the best of luck.
Source:
upload.wikimedia.org/wikipedia/commons/4/4b/Stages_of_a_bubble.png
Terrifying resemblance considering this this model was created in 2008.
What stage do you believe we are in?
I do not believe this is the end of crypto.
However, I do advise everyone to keep an open mind, and to trade carefully.
I wish you all the best of luck.
Source:
upload.wikimedia.org/wikipedia/commons/4/4b/Stages_of_a_bubble.png
Note
Note
Here is an interesting way to correlate the 2014 market crash to the current market conditions. IF this holds true, it is a possible route we could take strictly based off correlation.
Trade closed: target reached
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
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