Did You Know? Bitcoin is in a Bubble
Did you know that Bitcoin is in a bubble? Whether you are a Bitcoin advocate or a Bitcoin hater it's hard to argue that Bitcoin is not in a bubble or reaching bubble status. Looking at a "Classic Bubble" chart from Forbes, we get the breakdown of how a bubble is formed from a technical view. Comparing the Bitcoin chart below from World Coin Index to the Forbes Classic Bubble Chart we can see the similarities. It appears Bitcoin is in the "Mania Phase" of its chart. If you wer