We are going up. Don't ever watch short term btc charts unless you are a day trader. Open a chart to see at least 2 months and you'll see what I'm talking about,
I prefer the all-time log chart. It is my pillar of strength during times of uncertainty.
That's interesting. Would you, at the time, have also drawn strength out of the following alltime log chart?
Probably, although it's hard to say objectively because I didn't learn about Bitcoin until about a year ago. .
Unless I'd thought that Bitcoin was failing, the crash from the Jun 2011 would have seemed no further off the mean than its peak was and would indicate an eventual return, as
exponential growth is inherent with Bitcoin until adoption tapers off.
the problem being, that no one knew that the bolded was true. that was only demonstrated to be true in the years following.