Global Feed Post Login
Replying to Avatar Lyn Alden

A shocking number of people email me and ask about bitcoin price predictions over the next 3-9 months or so.

They’re generally along the lines of, “Okay, but what do you think the odds are that we have a big recession, get a liquify shock, and bitcoin retests $30k? I read this article by [insert macro permabear] and he said that…”

I’m going to start replying with nothing but my pictures of beaches or something. Very few people build wealth by trying to catch every twist and turn of the market. Focus on long-term trends.

Avatar
OneBigLife 1y ago

Bitcoin Power Law is the simplest of the long term trend models, and imo is quite beautiful.

https://onebig.life/powerlaw

I've just built this page showing the beautiful straight log-log regression line, with a price/date calculator. No trackers and no VPN blockers (I'm talking to you, Bitbo charts). Just a free service from one bitcoiner to others.

Reply to this note

Please Login to reply.

Discussion

No replies yet.