You are viewing a single comment's thread from:RE: #Bitcoin is showing the class of asset it is. And price tends to reflect the ...View the full contextchrisrice (67)Founderin DBuzz • last year What do you mean by "Price Discovery"? I forgot what that means. Posted via D.Buzz
After the all time high (ATH) everything is new and we have no referance to the past because bitcoin would have never been at those level.
But I believe there is a more technical definition...
Ah okay, that makes sense, thank you!
Posted via D.Buzz
Update,
Actually it is always on price discovery mode.
https://www.investopedia.com/terms/p/pricediscovery.asp
Still, the term is used more when bitcoin price brakes above the all time high, starting to discover a new ATH...
I hope my bullishness did not interfere with my argument. 😇