A Historic Chart of Bitcoin's Major Bubbles

I made this chart to help myself visualize the major price actions of Bitcoin over time. Also for people who like to say Bitcoin is a bubble. Bitcoin has bubbled many times, but three major times since its birth. After the dust settles, the price always stabilizes higher. ​ https://preview.redd.it/ddm4h3fjauk51.png?width=4912&format=png&auto=webp&s=d61fbeb1a9de6ac7411a1cd1754802cb69e16174 Conclusion: Bitcoin is a bubble, and then it's not... (over and over and over). Less to do with tulips and more to do with the natural wild west growth pains of any young, capitalistic asset yet to mature. A lot of people already know this. Charts help :D submitted by /u/JacobFerguson [link] [comments]