Some one has published this post on a social media, He is pointing out 4 stages of the Bitcoin(bubble)
What do you think of this statement?
this is purely
opinion not facts. specially your title along with the periods that you categorized.
you start off by saying "stages of bubble" then continue with mentioning stages that bitcoin had only in past 4 years out of 9 years! and also your 4 stages are wrong in my opinion.
1.Stealth Phase (2014–2016), when I was mining
2.Institutional Phase (Late 2016)
3.Mania Phase (All of 2017 into early 2018)
4.Blow Off Phase (Current)
1. it is called correction, recovery, accumulation and rally phases which have been 4 major stages and not just one. and it has nothing to do with bubble
2. there has been no institutional phase. you may call end of 2017 as one but i still wouldn't agree
3. only last month of 2017 and possibly first month of 2018 have been mania and this stage is the only bubble related stage.
4. now we are back in step 1: correction, recovery, accumulation and we will soon see the rally.