This is a LOGARITHMIC chart. In technical analysis, we utilize logarithmic charts as a way of visualizing exponential data. You have to use it because Bitcoin's price is growing EXPONENTIALLY. When looking at Bitcoin's entire history of price action because on the normal chart the bubble of 2017 is so large that the bubble before it is almost visually imperceptible.
A PARABOLA on a log chart looks like a 45 degree upward sloping diagonal line.
Bitcoin's adoption curve is basically a 45 degree upward sloping diagonal line, or, a PARABOLA.
Bitcoin is the most parabolic financial asset in history. We are at the knee of the curve now. Do NOT mess around and accumulate every damn last satoshi you can before this thing launches into outer space. It's going to happen sooner than you think. Look at the chart and see for yourself. Barring a catastrophic event that completely wipes out Bitcoin as a whole, this chart says it's gonna happen.
I've been reviewing a ton of evidence that I'll be presenting on my account over time. I have found a massive confluence of price action and on-chain analysis data to back this thesis up.
In fact, right after publishing this I'm going to publish another chart detailing my analysis of price action I'm seeing in the chart right now that points to a massive, massive move upward. Both ideas lend credence to each other.
Peace, Love, & Crypto,
B166er
A PARABOLA on a log chart looks like a 45 degree upward sloping diagonal line.
Bitcoin's adoption curve is basically a 45 degree upward sloping diagonal line, or, a PARABOLA.
Bitcoin is the most parabolic financial asset in history. We are at the knee of the curve now. Do NOT mess around and accumulate every damn last satoshi you can before this thing launches into outer space. It's going to happen sooner than you think. Look at the chart and see for yourself. Barring a catastrophic event that completely wipes out Bitcoin as a whole, this chart says it's gonna happen.
I've been reviewing a ton of evidence that I'll be presenting on my account over time. I have found a massive confluence of price action and on-chain analysis data to back this thesis up.
In fact, right after publishing this I'm going to publish another chart detailing my analysis of price action I'm seeing in the chart right now that points to a massive, massive move upward. Both ideas lend credence to each other.
Peace, Love, & Crypto,
B166er
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle
