@nvk https://t.co/r5l7XN5zfW restricting crypto funds and inverse funds to accredited investors as we enter a recession would be tragic for the average investor. Please have a look.
Actual #bitcoin price is at the lower bound of S2F model. Am I worried? No. Lower band is ~/2, upper band ~*2:
- upper band: $120k
- model price: $60k
- lower band: $30k
It is not OK if we stay at $32K for multiple months, but I expect BTC price to bounce back next days/weeks.