Appreciate your method! One comment is that ever since the IRS announced that BTC was taxable in 2014, March has been a historically bad month (due to likely selling to cover taxes):
1. Google: "btc taxable irs first guidance"
2. Google "bitcoin monthly return"
Take it with a grain of salt though--I have a BTC short on so I am biased.
Thank you! I am learning a lot from this, nicely done!
The narrative cycle is also working perfectly for/in Oil, shame that you got stopped out.
Glad you clarified time horizon, 'coz factors that started the Waterfall in risk assets have slowed but still in play.
Appreciate your method! One comment is that ever since the IRS announced that BTC was taxable in 2014, March has been a historically bad month (due to likely selling to cover taxes):
1. Google: "btc taxable irs first guidance"
2. Google "bitcoin monthly return"
Take it with a grain of salt though--I have a BTC short on so I am biased.
I covered my short as BTC is becoming more resilient to bad news--perhaps as part of a use case in a multilateral world
yes tax day was late last year (may 17) and BTC got rekt right into that date
Thank you Brent !
Learning heaps, everything has a logic here. 👍
Thank you Brent for putting this together. Very helpful for us retailer traders and investors.