Bitcoin is up on 19/36 days to start the year. This is the EXACT same start 2019 had, however:
2020:
Avg. up day: +2.9%
Avg. down day: -1.5%
YTD return: +35.3%
2019:
Avg. up day: +1.6%
Avg. down day: -1.8%
YTD return: -7.3%
data/MessariCrypto
2020:
Avg. up day: +2.9%
Avg. down day: -1.5%
YTD return: +35.3%
2019:
Avg. up day: +1.6%
Avg. down day: -1.8%
YTD return: -7.3%
data/MessariCrypto
142K $ETH withdrawn from exchanges over past 2 days. Largest net outflow over 2-day period since Nov 12. It's +15% vs $BTC.
900K ETH left exchanges from Oct 27-Nov 19 when ETH had its last brief rally vs btc. This is also when exchange balances bottomed at 8.7M
900K ETH left exchanges from Oct 27-Nov 19 when ETH had its last brief rally vs btc. This is also when exchange balances bottomed at 8.7M
Some misunderstandings about S2F model:
1) That it predicts $100k by May2020. No, it predicts $100k May2020-2024 average, like the chart shows
2) Why $100k, it was $55k? Yes, the original model on monthly data (Mar22) says $55k, but a new model on yearly data $100k. Your choice. — link
1) That it predicts $100k by May2020. No, it predicts $100k May2020-2024 average, like the chart shows
2) Why $100k, it was $55k? Yes, the original model on monthly data (Mar22) says $55k, but a new model on yearly data $100k. Your choice. — link