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PlanC
03-10

Everyone has been modeling Bitcoin's fair value incorrectly. The real statistical fair value for Bitcoin today is $101,000, not $130,000 or $118,000. Linear quantile regression or OLS regression is not the correct way to model Bitcoin's fair value. There is clear decay at the median. At the first quantile, all decay fits and linear fits give the same value. Proof: the 1st quantile has zero decay. All decay fits collapse to linear quantile regression; they don't at the median.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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