Bitcoin US$650,000 – CHAINLETTER 66
A look at bitcoin valuation through the lens of inverse volatility. A look at the Inverse Volatility of bitcoin and gold suggests to us that in relative terms bitcoin is massively undervalued. With gold at US$3,881/oz, bitcoin should be around US$650,000, a five-fold increase from here. Even if you disagree with the detail, that’s a huge margin of safety. Take a look at the calculations and let us know what you think.
The Signal We’ve Been Waiting For – Digital Vision 17
As we mentioned in our last couple of newsletters, we may be approaching a key inflexion point, crypto starting to decouple from tech stocks. For years, many in traditional finance dismissed Bitcoin as a leveraged NASDAQ proxy, and for a while, the data didn’t...
Smart Money Moves – Digital Vision 15
Crypto might feel slow right now, but beneath the surface, whales and institutions are stacking up. Since March 11, Bitcoin whales have accumulated 129,000 BTC, worth around $11.2 billion at current prices. The institutional side is just as active, Bitcoin ETFs saw a...