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André Dragosch, PhD | Bitcoin & Macro
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André Dragosch, PhD | Bitcoin & Macro
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Don't know who needs to hear this but... ...according to the CDS model by @FossGregfoss, the latest estimations imply that bitcoin should already be trading at 252k USD today. And that doesn't even include unfunded liabilities of the G20 governments. 🚂...
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GM and Happy Friday! A short-term consolidation in BTC makes sense but I think it’s very unlikely that we topped out with these bad economic data and asymmetrical risk/reward to the upside. We are rather looking at a new multiyear bull market. Don’t believe the FUD.
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„The yield in Bitcoin is the friends you make along the way.“ Was certainly true this time — bitcoiners spent less time chasing major announcements and more time catching up with each other. Was nice seeing you all in Vegas! Hope to see you again in Prague!
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JUST IN: Another big outflow from Coinbase just happened: -7,415.6 BTC
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🚨ATTENTION: This is probably the most important macro chart for #bitcoin right now. Bitcoin's 60-day correlation to US 10yr Treasury Futures has declined to the lowest level ON RECORD. Are traditional investors selling US Treasuries to buy bitcoin?
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