Economist Dr. John Paul Rodriguez Came up with a diagram (shown below) illustrating the typical stages of a bubble, by time and value, but in terms of the psychological state of actual and potential market participants.Phases of an Asset Bubble
Let’s compare the above diagram to a current daily price chart of Bitcoin in U.S. Dollars:
wow! now what do yall think is Bitcoin in a bubble? lets have a conversation..
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From @profittmom