Once upon a time, someone made a bad investment decision and used 10k $BTC to buy 2 🍕
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The SEC is requesting an extension (of course), but look at Footnote #2. 👀👀👀
Ripple is suggesting that initial Summary Judgment briefs be filed by May. The SEC is of course saying that's too soon.
BUT, the end game is in sight.
As you know I track many indicators & models besides S2F: RSI, 200WMA, Realized Cap, Logarithmic Regression etc.
Chart below combines S2F, log regression & RSI. #Bitcoin price currently tracks log regression better than S2F. My money is still on S2F. 2022 will be very exciting!
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I use models to protect myself from emotions. Right now most people, incl myself, fear further decline of btc price and want to sell. But S2F model shows btc is at the low end of 50k-200k 1sd band, a buy signal. Likewise 200k will feel like btc will rise forever but S2F says sell