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/
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.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
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.