Raoul Pal has run sum numbers. He says that he and Plan B have skewed their predictions to the low side. Pal is thinking that if BTC becomes overbought, as it has in the past, by one standard deviation, it lands at about $500,000. If BTC is overbought by 2 standard deviations, then $1 Million. These are historically and statistically real possibilities, that BTC could be overbought heading into 2022. Then it could trade sideways until next halving. I hope they’re right.

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