Marc De Mesel: First Crypto Buy Target: 55% Undervaluation

  • Wednesday, 17 July 2019 09:11
Since past crypto bears of 2011 and 2014 always saw higher undervaluaton over time compared to Trololo's trendline, even if bottom was in, very likely this cycle we'll see it again. First low in undervaluation was -50% when BTC hit $3150, so likely we hit new low of -55% sooner or later. Since Trololo trendline is now around $300B that would mean $140B if it happens over next month but if it only happens in half a year, will be considerably higher as trendline only goes up over time. $140B would probably give around $4500 for BTC but we'll have to see what valuations this gives for other crypto's like BCH and ETH as that is much less certain. Planning to buy big stash of Ethereum if we get to 55% undervaluation, no matter the price. Links: Sheet Investment Plan: https://docs.google.com/spreadsheets/d/1WSeePxcqVyZ__99I-dAcvMBZuEzTq1DX8KzstSKoS5c/edit?usp=drivesdk "Crypto Buy In Targets": https://www.youtube.com/watch?v=40--GF9Y5Eo&t "My Investment Plan For Bull + Bear Case & Why Likely NEW BOTTOM": https://www.youtube.com/watch?v=xsiKhDUMzGM&t

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