Sina 🗝️⚡ 21st Capital
Sina 🗝️⚡ 21st Capital|Apr 11, 2025 21:16
Bitcoin Quantile Model Update Price: 84K Risk Score: 50% Bitcoin reclaimed the median! After briefly dropping down to the 40th quantile at 74K, Bitcoin followed the improvement in the macro conditions and rose by 10K. Looked from this lens this was very similar to drop to the 33rd quantile in 2024. In the quoted tweets we explained: "At the bottom of the 2024 correction, we dipped down to the 33rd quantile – the critical level that marks the bear market bottom boundary. That level would be ~ 70K... Absent a recession, 70K is my worst-case scenario." Now, the cleanse has occured, Bitcoin de-risked, and the macro environment has improved a lot. Get ready everyone!
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