Once bitcoin was out of the bear run (transitioned into a bull run), we can still use the approximate $250 price stability point of 2015 as our starting reference. Accordingly, it took about a year to triple to $750-ish, and then it took about 9 more months to triple again to $2,500-ish.. .and then it took about 3 months to triple again to $7,500-ish....
Funny, but I've been making this graph, to show how last 5 doubling events since $250 look like two distinct exponents:
270 days
270 days
90 days
90 days
90 days
The question is, how much longer the second exponent will last...
This graph seems to fit in the theory about the market manipulations by the "Tether Gang"
The article argues tether was stable throughout 2016 and did not start to increase until March 2017. Tether’s value seemed to take off along with Bitcoin’s dramatic rise.
https://news.bitcoin.com/tether-coin-may-be-a-precarious-us-dollar-peg/The question is, how much longer the second exponent will last...
I have some feeling like as long as the Tetherbubble does not bother the US treasury or they get some cash-out problems by a falling bitcoin price.
The second is easy to prevent with unlimited funds (though it might get implausible if they exaggerate it) but they also get in the way of the plans of the "Bitcoin Cash Gang" to crash BTC.
I can already imagine Hollywood making a movie about this all ...