Viewing a single comment thread. View all comments

LordRassilon93 t1_jawqujq wrote

What is the y-axis based on? I get the logarithmic scaling, but why are the levels in the last part not lining up with the previous 2 parts? and why did you change the baseline (or the change factor from one baseline to the next part)?

6

JefJrFigueiredo OP t1_jax04lu wrote

Because in the original y-axis we couldn't see the pattern in the limits of bull market and bear market happening in between each halving as time goes on. Each period between halving is starting almost in the same level, I say almost because there's a rounding in the values for didactic purposes.

−1