Source: lookintobitcoin.com
This chart highlights the aggressive growth of Bitcoin's adoption curve over time, which is reflected in its price. Because supply is limited, as demand grows price moves up.
For investors, it also demonstrates the importance of understanding the market cycles of Bitcoin to avoid buying market cycle tops. The drawdowns from cycle tops can last a long time, around 2-3 years in previous cycles.
@Rhythmtrader
August 2019
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