Basic statistical flaws of bitcoin’s four-year price ‘cycle’
Technical analysts are absolutely convinced that BTC has a predictable four-year price cycle that can be profitably forecasted.
Technical analysts are absolutely convinced that BTC has a predictable four-year price cycle that can be profitably forecasted.
Whether bitcoin will destroy all models or only some is up for debate. But for most publicized models, it seems intent on a destructive path.
PlanB, the creator of Bitcoin’s stock-to-flow price model, pledged to invalidate his model if BTC hadn’t reached $100,000 by now.