Well this is interesting...
The Bitcoin Chart looks very similar to the Nasdaq before final blow off top back in 2000...
Do these two charts look similar to you?
The first is the Nasdaq from 1997-1999 and the second is bitcoin from 2020-2022...
(Source: https://twitter.com/MatthewHyland_/status/1487461525610799107/photo/1)
The charts are not exactly the same, but there are certainly similarities here...
We all know Bitcoin has been a big disappointment since early 2019... That has affected the graphs a lot as Bitcoin was supposed to be around $50k by now...
Like I've said before, any graph can be similar to any other graph if split in two or more pieces and comparing just one of the pieces from each graph... That doesn't mean that the comparison is incorrect, just that the timeframe is too wide.
Upvoted! Thank you for supporting witness @jswit.
