#Bitcoin is showing the class of asset it is. And price tends to reflect the ...

in DBuzz • 11 months ago

... appropriate value.

Q: are we going into price discovery mode this month?





Posted via D.Buzz

#bitcoin
11 months ago in DBuzz by
$1.30
  • Max accepted payout: $5.00
  • Past Payouts $1.30
  • - Author $0.65
  • - Curators $0.65
22 votes
Reply 4
Sort:  
  • Trending
    • [-]
     11 months ago  

    What do you mean by "Price Discovery"?

    I forgot what that means.

    Posted via D.Buzz

    $0.00
      Reply
      [-]
       11 months ago  

      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...

      $0.00
        Reply
        [-]
         11 months ago  

        Ah okay, that makes sense, thank you!

        Posted via D.Buzz

        [-]
         11 months ago  

        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. 😇