Bitcoin charts

in #crypto5 years ago

Bitcoin charts tell you everything you need to know.

Here are a list of Bitcoin charts that tell the story of how Bitcoin is performing overall in the market.

These BTC charts tell a more compelling story in my opinion then what the actual price of Bitcoin is right now.

Bitcoin charts and prices:

https://bitcoinvisuals.com/market-volume (The trade volume of Bitcoin has been consistently high even during the bear market, especially in comparison to early 2016 and early 2017).

https://bitcoinvisuals.com/market-price (The price of Bitcoin has been increasing steadily since late 2016 even when factoring in the huge bear market of 2018).

https://bitcoinvisuals.com/chain-hash-rate (The mining hash rate of BTC has continued to increase rapidly since the beginning of 2017).

The total number of market pairs in crypto since March 2018:

https://bitcoinvisuals.com/market-pairs

As you can see from these charts simply looking at the price of BTC on CoinMarketCap does not tell the full story of where Bitcoin is headed next. If you looked at the price of Bitcoin in 2018 and only saw how much the price of BTC dropped, then you might not have been focusing on the most important information. Or you probably weren't seeing the full picture.

Of course, the price of Bitcoin is important and deciding when it is the best time to buy it. But if you can be patient and you are thinking of BTC as a long-term investment then you will probably realize that everything about Bitcoin's actual tech, infrastructure, and more have never looked healthier than it does right now.

The prices will fall and rise, but the long-term game on Bitcoin still looks very strong. Not financial advice.

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Solid post.
Great specifics. Encouraging. Thanks.
Cheers to that healthy overall growth.

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