We've seen Bitcoin become a bubble before:
From 10/13/2013 to 11/29/2013, BTC price shot up from 139 to 1242 (BTC/USD).
So it took roughly 1.5 months for the BTC bubble to peak.
The current BTC bubble began on roughly 03/24/2017 and right now it's 06/06/2017.
So it's been 2 months since the bubble began. Seems like it's going to burst soon, if we observe historical trends, no?
>>2318033
2.5 months, sorry
Yeah I thought it would have crashed by now. It started to crash from $2600 to $2000 and I thought it would keep going down, but then it just started rising again.
>>2318033
possible
>>2318033
dont see how you can find 1 point in time and call it a ""trend""
>>2318033
you realise that was mt gox not a demand bubble that crashed the price right?
>newfags detected
Do I wait to buy BTC / ETH or not?
mtgox wasnt a real bubble but may of 2013 was and it just slowly bled out for 6 months or so
Can't wait.
>>2318204
in finance, historical data is a trend
>>2319347
why wait? Price just keeps going up. I thought it was too expensive last week at 236 and it almost hit 300 yesterday
>>2320678
>I got fucked on the way up
>Why not get fucked on the way down too?
>>2319347
would tai lopez wait for his lambo? no you gotta seize it right now friend
>>2319314
yeah, but it cant keep growing at this rate forever. From a TA standpoint it needs to go down or at least stop growing at this insane rate.
BTC is a mess and not a long term hold unless they can sort the fees and transfer time out.