2020 Bitcoin baseline values.
| Jan | Feb | Mar | April | May | June |
|---|---|---|---|---|---|
| $6933 | $7467 | $8000 | $8533 | $9067 | $9600 |
| July | Aug | Sept | Oct | Nov | Dec |
|---|---|---|---|---|---|
| $10133 | $10667 | $11200 | $11733 | $12267 | $12800 |
| Jan | Feb | Mar | April | May | June |
|---|---|---|---|---|---|
| $6933 | $7467 | $8000 | $8533 | $9067 | $9600 |
| July | Aug | Sept | Oct | Nov | Dec |
|---|---|---|---|---|---|
| $10133 | $10667 | $11200 | $11733 | $12267 | $12800 |
I can't wait to look at this chart end of next year!
You randomly made me randomly realize that it's probably better to judge how bubbled the market is by how many months out until the current price hits the baseline. I guess right now we'd be at the end of June.
Had this metric been used during the 2017 bubble it would have been 4 years out.
I think you have just randomly invented a new bubble metric for bitcoin. The further out until price hits baseline, the more bubbly things are! Nicely done! But now you have to name it...
Velvet Thunder