Bitcoin Year-Over-Year Growth is forming a triangle
Crypto Market
BTC
Interesting chart from Elements Group - Bitcoin Year-Over-Year Growth Multiply:
A couple of observations:
- If BTC keeps sidewalking, it's Year-Over-Year Growth will soon drop below 1. Means HODL isn't that really prudent investment strategy.
- As time goes by and volatility decreases, peaks of growth are becoming lower and lower.