We should see the mother of all mean reversions soon. I will go on the record and say that I think this model will not break and the R2 will remain high over the long term. However, this has clearly been the largest and most significant undervalued deviation when denominating in Gold in Bitcoin's history. This could potentially be a historic opportunity.

Sminston With
@sminston_with
01-23
Checking in on Bitcoin's power law in GOLD 💰🪙
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This is seriously a historic 'Black Swan' for the BTC/Gold ratio.
Whether we are experiencing a precious metal bubble, soon to pop, or a true transition of the monetary order (a la Ray Dalio), next moves imply huge BTC gains.

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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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