Bitcoin Year-Over-Year Growth is forming a triangle

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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.

Assets from this insight

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$ 8863.17

10.06%in last 7d