Wheatley, Spencer; Sornette, Didier; Huber, Tobias; … - 2018
We develop a strong diagnostic for bubbles and crashes in bitcoin, by analyzing the coincidence (and its absence) of … quantified and shown to be heavily exceeded, on at least four occasions, by bubbles that grow and burst. In these bubbles, we … substantial but not unprecedented overvaluation in the price of bitcoin, suggesting many months of volatile sideways bitcoin …