catreadme

catreadme Updated 

COINBASE:BTCUSD

catreadme Updated 

COINBASE:BTCEUR

catreadme

If we look at the past two years of COINBASE:BTCUSD on a log scale, we can see that Bitcoin consistently moved within a channel (yellow). It went from roughly 100 bucks in the beginning of 2015 to over 1500 bucks in May 2017. Even though this growth was ridiculous, it was steady and sustained, suggesting that at no point BTC was overvalued (or in a...