Lets buy the fear....
"BTCUSD Quant Model Analysis:
Model: Statistical Arbitrage
I was doing some mean reversions on BTC against benchmarking instrument NVIDIA. It seems fair price should be around 55898 by this time, which makes BTC undervalued monthly wise. However bears are suppressing the top and bulls are not giving up. In yearly zone, fair accumulation is around 36957 and in 5Y horizon, it's around 41879 considering we are maintaining the bullish momentum. We are historically in a bull run in weekly chart, means if we maintain that bullish momentum, our returns would be positive in 5Y horizon.
Simply, that means if you buy around 41879 and hold for 5Y and BTC keeps it bullish momentum same, you are going to be fucking rich."
~ fr0xk
Say "HI" to him.
Model: Statistical Arbitrage
I was doing some mean reversions on BTC against benchmarking instrument NVIDIA. It seems fair price should be around 55898 by this time, which makes BTC undervalued monthly wise. However bears are suppressing the top and bulls are not giving up. In yearly zone, fair accumulation is around 36957 and in 5Y horizon, it's around 41879 considering we are maintaining the bullish momentum. We are historically in a bull run in weekly chart, means if we maintain that bullish momentum, our returns would be positive in 5Y horizon.
Simply, that means if you buy around 41879 and hold for 5Y and BTC keeps it bullish momentum same, you are going to be fucking rich."
~ fr0xk
Say "HI" to him.
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