We take a look at Bitcoin’s prior exits out of the “fair value” logarithmic regression band and investigate how high up we have gone in the past. Not every exit of the regression band takes us to the peak regression band. Do you think this one will? Bitcoin has already had one short-term bubble this market cycle this peaked at approximately $14k. Is this bubble taking us to the top? Or is it a stepping stone along the way?
Let me know what you think about this analysis in the comments, and be sure to check out the Black Friday deal with regards to the monthly subscription to the premium list!
Join the Premium List (BLACK FRIDAY SALE):