A double top was only the top of the China bubble in late 2013. Every other bubble had a single top.
O.k. Seems like I am receiving training regarding the anatomy of a bubble, and bubble trouble.
What do you call it when a Tera Bera calls a bubble since around $2.5k... ?
hahahahaha
I am giving Tera Beara some benefit of the doubt because she was absent for over a year, so she was not calling a btc bubble between about $250 and $2.5k like a lot of the other various chicken littles, who seemed to end up being wrong.
So possibly part of the less on is that you cannot really know what is a bubble, until it pops, right, and not until quite a while after the fact. So, surely, if you keep calling a bubble, sooner or later you are going to be correct; however, you don't really become a smartie pants, just because you ended up getting it right.. because as long as you keep calling it, you are gonna be right at some point, whether that is now in the $16k to $17k territory or whether that is in the $35k territory, or the $100k territory - yet if it pops at $100k, then at some point prior to $100k, you are not really very convincing if you have been calling it since $250 or $2,500.
amirite?
Here is a quote of me saying btc was a good buy when it was 2.5K
Good time for bitcoin that has only gained 120% in a modest grwoth rally.
Terrible time for Ethereum that is up 5,000% in a crazy bubble.
Dont pull things out of your ass to create drama. I didnt start calling corrections until at least 8K when I created this account in Nov 7.
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