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RE: BITCOIN "When do the big fish eat the little ones?" BIG PICTURE ANALYSIS / LOGARITHMIC CHART FROM 2013 - 2018

in #bitcoin7 years ago

good charting ;-) But in my opinion logcharts are only useful to gather a more complete image of the big picture. This is what you used it for here.
There will always be big corrections from time to time. It has to be this way. Investors do not buy at such elevated prices and when there are suddenly no buyers left, it drops again...

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Thanks for your good feedback, I totally agree that we need to have corrections in the market. They are good because they help professionell investors to manage their risk. Big support zones like Bitcoin 5000,- USD is crucial for big investors to manage Risk otherwise there would be no chance of entering this Market.