In my humble opinion I think it’s unwise to be drawing straight lines on logarithmic charts
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Yes, I've heard this said before. But this seems strange to me, for all you are doing is measuring the rate of appreciation. The straight line represents 300% appreciation per annum.
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Clearly that cannot go on forever
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there is only so much wealth in the world
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Imagine a USD is equivalent to a grain of sand and it is not difficult.
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USD is a very strong currency. I believe BTC will eventually supplant it, but obviously not as quickly 2024/25. That’s why I believe curves are more appropriate
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… as long as they are not upward parabolic ones!
End of conversation
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