So because DLavrov is losing all of you guys money, here are some real facts.
It's called futures spreads and it's correlation and what revarsal of correlation means.
Correlation reverses after increased capital controls by the PBoC and results in the second big bitcoin craze, however correlation during normal times of price movement (within an acceptable error of the mean growth of the asset) should be above 0 (positive correlation) rather than reverse.
Essentially this is saying that price now is more interesting than it will be in three months.
This would also mean that price would need to return to a point with an acceptable error margin from the mean (lower angle green trendlines). From there we can pinpoint price targets.
No indicators being used here, just market technicals.
It's called futures spreads and it's correlation and what revarsal of correlation means.
Correlation reverses after increased capital controls by the PBoC and results in the second big bitcoin craze, however correlation during normal times of price movement (within an acceptable error of the mean growth of the asset) should be above 0 (positive correlation) rather than reverse.
Essentially this is saying that price now is more interesting than it will be in three months.
This would also mean that price would need to return to a point with an acceptable error margin from the mean (lower angle green trendlines). From there we can pinpoint price targets.
No indicators being used here, just market technicals.