We're seeing utter carnage in Bitcoin markets, with prices falling precipitously towards $60k. We've just published a flash market update for our Premium members, where @_Checkmatey_ provides his unfiltered and honest opinions about what the road ahead looks like from his PoV -> newsletter.checkonchain.com/p/...… A couple insights from the piece: - Based on long-term mean reversion models, we’re currently trading at levels only seen in 15% to 20% of trading days, coincident with bear market lows. - Based on faster mean reversion models like the STH cost basis and 200DMA, we’re at levels with fewer than 5% of BEAR MARKET days being lower. Welcome to deep value territory folks, hang in there.

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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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