The Cryptoverse: Timing The Top Of The #Crypto Market - (Chris Coney, Juan Vilaverde, Alex Benfield) WCSS:031 Featured
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Ways to time the top
Different ta/fa/sentiment analysis ppl are using
Google searches
Number of days after halving (halving to peak analysis)
Pi cycle
2 year moving average
Bitcoin Rainbow bands
Unrealised profit and loss vs actual Bitcoin price
Puell multiple
MVRV Z-Score
RHODL Ratio
Reserve Risk
Woobull’s indicators (on-chain data)
Hyperinflation fears
Stablecoin regulation fears
Maybe mention our model
Weiss timing model (pure price data)
Talk about how difficult it is to time it
Usual mistakes people make like buying in denial phase or in bear trap
Aka dead cat bounce or relief rally
Talk about the most mentioned targets for BTC and ETH
Plan B’s stock to flow model for Bitcoin
Has us at $107k
Cross-asset model has us at $255k
WCP has a price target for ETH of at least $10k
Since the top cannot be time exactly (analysis), what about an exit plan (strategy)?
Scaling out i.e. selling into strength and lading out
Can be done subjectively as data comes in
Can be done objectively by placing limit orders at various price levels then walking away
Additional Info
- Read full article on: The Cryptoverse
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