Posted: Mar 05, 2019 9:01 am
zulumoose wrote:If you google "bitcoin value graph" the results showed a handy little graph with selectable periods.
Only the 1 day and 1 month graphs make it look like anything but a big mistake as a current investment.
5yrs, 1yr, and 5 days all look bad.
The 5yr graph in particular shows clearly that bitcoin spiked in 2017 and has been slumping ever since.
Quite so - the peak in December 2017 was followed by "correction" after "correction". The graph below was published in Oct. 2018 and shows an "analysed floor" around the $6200 mark. Sadly, 4 months later and the "floor" has now "corrected" below $4000.
