Marc De Mesel: $160 Billion Market Cap Still Likely
Crypto at $260B again undervalued -20% compared to Trololo Trendline/Fair Value that stands at $330B today, so again good long term investment. On other hand Boom/Bust cycle is only at $100B so crypto overvalued from that perspective and short term can still be painful. Still estimate likely (60% probability) we will see at least -55% undervaluation before next Bull (=$160B if it would happen next months) as this also happened in previous sideways movements of 2011 and 2015, even when bottom was in. First target: Golden Retrace to $200B that is very likely (80% sure) to hit in my opinion.
Links:
"Crypto Investment Plan Using Valuation vs Trendline Log Regression":
https://docs.google.com/spreadsheets/d/1WSeePxcqVyZ__99I-dAcvMBZuEzTq1DX8KzstSKoS5c/edit#gid=43
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- Read full article on: Marc De Mesel
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