suboss on Nostr: I dont know what all the fuss is about either. Power law models looks very ...
I dont know what all the fuss is about either. Power law models looks very interesting. I track bitcoin open interest, and when leverage gets too high, bitcoin always sells off. But I'm not trading it. I find it useful to get a feel for when it will break out. I think lots of people got burned because of over reliance on plan b model last cycle how he said bitcoin was guaranteed to go over 100k. And now every model is wrong. Every model is right untill its wrong. Except the sexy models they always right! 🤣
Published at
2024-09-21 12:09:07Event JSON
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"content": "I dont know what all the fuss is about either. Power law models looks very interesting. I track bitcoin open interest, and when leverage gets too high, bitcoin always sells off. But I'm not trading it. I find it useful to get a feel for when it will break out. I think lots of people got burned because of over reliance on plan b model last cycle how he said bitcoin was guaranteed to go over 100k. And now every model is wrong. Every model is right untill its wrong. Except the sexy models they always right! 🤣",
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