Bitcoin: Provide for the worst case
If the descending triangle continues for a month, perhaps Bitcoin price converges at less than 4,000 USD by the end of the year.
An interesting research can be found here.
technologyreview.com/s/610614/how-network-theory-predicts-the-value-of-bitcoin/
According to the generalized Metcalfe’s Law, Bitcoin is significantly overvalued, even after the crash at the end of 2017.
“Our Metcalfe-based analysis indicates current support levels for the bitcoin market in the range of 22–44 billion USD,
at least four times less than the current level,” they say.
An interesting research can be found here.
technologyreview.com/s/610614/how-network-theory-predicts-the-value-of-bitcoin/
According to the generalized Metcalfe’s Law, Bitcoin is significantly overvalued, even after the crash at the end of 2017.
“Our Metcalfe-based analysis indicates current support levels for the bitcoin market in the range of 22–44 billion USD,
at least four times less than the current level,” they say.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.