Crypto Fair Value Logarithmic downside approx. 22% from here
Guys, when in doubt, zooming out!
The green line is the lifetime fair value logarithmic channel. Despite all the turmoil, the total crypto market should not drop below $1.28 trillion. This is approximately a 22% downside from here.
The price action is usually way above the fair value. Even though the price action has been trending sideways and down since mid 2021, however, the logarithmic fair value of total crypto market-cap, by definition, TRENDS UP.
TIME is on our side.
So relax, take a chill pill, consolidate some of your more risky shitcoins into Bitcoin and stable coins, take a deep breath and wait to see if we actually hit the worst case scenario.
Frankly, I have been DCA-ing heavily lately. Not much lower we can go.
- Loniwood
Twitter: Loniwood
The green line is the lifetime fair value logarithmic channel. Despite all the turmoil, the total crypto market should not drop below $1.28 trillion. This is approximately a 22% downside from here.
The price action is usually way above the fair value. Even though the price action has been trending sideways and down since mid 2021, however, the logarithmic fair value of total crypto market-cap, by definition, TRENDS UP.
TIME is on our side.
So relax, take a chill pill, consolidate some of your more risky shitcoins into Bitcoin and stable coins, take a deep breath and wait to see if we actually hit the worst case scenario.
Frankly, I have been DCA-ing heavily lately. Not much lower we can go.
- Loniwood
Twitter: Loniwood
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.