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⚠️ The Bitcoin cycle is testing us HARD right now...
We’ve heard it all:
Tether FUD
Saylor is selling?
OGs are giving up...
This is usually the time when people make dumb mistakes.
But you're not one of those people.
Because you came across this video.
💥 THE EXIT MANUAL – EPISODE #16
Tom Lee this morning just gave the bulls the biggest signal ever.
He said $SPX 7,500 by end of this month!
But that’s not the signal.
The signal is his hair is looking extremely crisp and well put together.
Typically when his hair is well put together, the conviction is strong af.
#tomleehairindicator
Watching these two go at it is like watching my 5 year old fight with his friend about which one of their toy cars is better.
“Mine is better…”
“no mine is better”
“No mine is cooler…”
“no mine is cooler”
“No…mine, no…mine”
No.
The quantile model is simply another way to show the power law. It is based on the power law.
Observation of what? It is a nonsense phrase.
If you really want to characterize the behavior of Bitcoin in full one has to do what I have done that is look at the real distribution of returns.
That is the ultimate characterization of Bitcoin. The quantile model doesn't do that at all.
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