If we view BTC/USD from mathematical point of view using regression analysis and if you are a believer of regression to mean, we haven’t even reach -0.5 SD yet (25k).
As of today, BTC has only reached 1 SD before, will we hit 1 SD again? To reach 1 SD, we will hit 18k.
More BLOOD TO COME!
I learnt how to plot the above from https://stestocksinvestingjourney.blogspot.com/ few years ago when I chance upon his blog. Thank you Mr STE!
Category: Crypto
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