Our model predicts BTC high this cycle at $125K.
But, our model does not take psychology of bubbles into account.
Working on that...
Timing of this cycle's high is not very accurate Oct 19 - Dec 18
Slowly moving into cash...
Trimmed $GLXY at $55 CAD
Liquidated $DAPP at $24.94 USD
Trimmed $BLOK at $65.65
Liquidated $TKN at $33.33
Trimmed $QBTC at $164.98 CAD
Started trimming BTC at $125K USD
Ladies and gentleman, we passed $10K
Next predicted high should be $396K, but that's psychologically too high, so we need to revise.
Most likely next high will cross $99K then we will see a pull back and then a run to at least $248K. can't time it though.
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@brian_trollz programmable dollar
it would be a while before cash would be replaced
Fed will not have consumer accounts.
a CBDC would be just a new rail, it would exist only in flight
@GRDecter This data is based on the purchase price alone, not actual loan details. So it most likely assumes the minimum required down payment. Many buyers put more down or pay straight cash. @Redfin shed more light on this? What's your methodology?
#BTC and the #NASDAQ's correlation coefficient is 0.87, an all-time-high for the cryptocurrency and tech-focused stock exchange. In today's newsletter, we discuss the increasing correlation bw BTC and traditional finance markets. https://t.co/nfyZCpvMuH