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 * Bitcoin: What If We Are Wrong ??


BITCOIN: WHAT IF WE ARE WRONG ??


INSTITUTIONAL CRYPTO RESEARCH WRITTEN BY EXPERTS

Markus Thielen
April 21, 2024


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👇1-12) George Soros's "two opposing theories" concept refers to his conflicting
market views, allowing him to flexibly respond to changing conditions. Soros
would develop a hypothesis for either market direction, jumping on the
hypothesis that the market was confirming.

👇2-12) Bitcoin has followed predictable cycles, a fact that many of the most
prominent crypto experts preach but seem to overlook at turning points. For
instance, in November 2021, when the last bull market peaked, none of them
advised cashing out. Similarly, in Q4 2022, when Bitcoin was expected to dip to
12,000, they failed to recommend buying.

👇3-12) All our analysis is based on quant analysis, and on October 28, 2022, we
suggested it was time to buy and that Bitcoin could rally to 63,160 into the
2024 Bitcoin halving (+215% upside, actual halving price: 63,491). We also
suggested on February 1, 2023, that Bitcoin could rally from 22,000 to 45,000 by
Christmas (+100% upside, actual price on X-mas: 43,613). For 2024, we suggested
Bitcoin could rally to 70,000 (+70% upside) based on the risk of diminishing
cycle returns. We wanted narrative confirmation before committing to much higher
Bitcoin price targets.




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