Where in the Bitcoin Bubble Are We? Just Starting or About to End?

Investors should love bubbles.  That is where are lot of big money can be made.  Avoiding their destruction can be challenging of course.  A valuation anchor will help you recognize and avoid them, while a trendfollowing approach may help you ride them and get off before you crash and burn.  We published a paper a few years ago titled:  

Learning to Love Investment Bubbles: What if Sir Isaac Newton had been a Trendfollower?

For all my Bitcoin friends, where do you think we are on this chart?  (No position but having fun watching the show.) My guess is right about where “Newton’s friends get rich”.  Chart is in my paper courtesy of my crazy uncle Marc.

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