Bitcoin Year-Over-Year Growth is forming a triangle

Profile picture
garry
Aug 31, 2018

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.

Crypto MarketBTC
Profile picture
garry
Aug 31, 2018

Assets from this insight

Bitcoin logo

BitcoinBTC

$ 7267.73

0.34%in last 7d