IMAGE: bitcoin chart showing possible movement of Bitcoin based on past information including orange triangles to help relate the past prices compared to the present. The way Bitcoin looks now and the way Bitcoin performed in the past doesn't add up. The chart appears to be capable of lasting way longer (right side orange triangle) than what seems possible right now for Bitcoin based on the way the past values appear to spike up above the orange (left-up) triangle for a short while. Not sure what to make of this, I am. Of course, since not being in control of a trillion dollar network of funds all I can do is wonder about it but instead of having a staring contest at the same image I decided to do this one.
03/17/19 3994 18 days
04/04/19 4974 24.50%
04/04/19 4974 31 days
05/05/19 5774 16.00%
05/05/19 5774 1 day
05/06/19 5714 -1.00%
05/06/19 5714 6 days
05/12/19 7219 26.30%
05/12/19 7219 37 days
06/18/19 9341 29.30%
6 lines 93 days 133.87%
06/08/20 8156 21 days
01/29/20 9390 15.10%
04/30/20 8792 89 days
07/28/20 11071 25.90%
4 lines (bottom) 202 days 35.74%
10/23/20 13001 58 days
12/20/20 23816 83.10%
12/20/20 23816 7 days
12/27/20 26444 11.00%
12/27/20 26444 42 days
02/07/21 39244 48.40%
02/07/21 39244 33 days
03/12/21 57863 47.40%
03/12/21 57863 31 days
04/12/21 60028 3.70%
04/12/21 60028 2 days
04/14/21 63593 5.90% all time high
7 lines 173 days 389.14%
08/21/21 49331 47 days
10/07/21 55342 12.10%
2 lines 47 days 12.10% end of cycle
19 lines 936 days 2.61 years total cycle
13 lines 580 days 1.59 years new cycle
11 lines 916 days time between double lines bear cycle
03/17/19 3994 18 days
04/04/19 4974 24.50%
04/04/19 4974 31 days
05/05/19 5774 16.00%
05/05/19 5774 1 day
05/06/19 5714 -1.00%
05/06/19 5714 6 days
05/12/19 7219 26.30%
05/12/19 7219 37 days
06/18/19 9341 29.30%
6 lines 93 days 133.87%
06/08/20 8156 21 days
01/29/20 9390 15.10%
04/30/20 8792 89 days
07/28/20 11071 25.90%
4 lines (bottom) 202 days 35.74%
10/23/20 13001 58 days
12/20/20 23816 83.10%
12/20/20 23816 7 days
12/27/20 26444 11.00%
12/27/20 26444 42 days
02/07/21 39244 48.40%
02/07/21 39244 33 days
03/12/21 57863 47.40%
03/12/21 57863 31 days
04/12/21 60028 3.70%
04/12/21 60028 2 days
04/14/21 63593 5.90% all time high
7 lines 173 days 389.14%
08/21/21 49331 47 days
10/07/21 55342 12.10%
2 lines 47 days 12.10% end of cycle
19 lines 936 days 2.61 years total cycle
13 lines 580 days 1.59 years new cycle
11 lines 916 days time between double lines bear cycle