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Published 8 Oct 2026, 17:05 UTC · fetched 6 Nov 2026, 14:18 UTC
Benjamin Cowen
@benjamincowen
In reply to · 8 Oct 2026, 16:55 UTC · context given to the AI
@benjamincowen everybody is watching that level, so of course it will wick down below to wipe out the paper-hands. Higher high by the end of the month.Could be. But let's be honest. Bitcoin when valued against SPX and Gold and is at same valuation it was at 5 years ago. It's hard to dunk on "paper hands" when BTC has not even outperformed index funds for so long. I think a higher rates environment, coupled with macro stresses has been unfavorable to Bitcoin when valued in other assets and not just USD, and until those macro headwinds dissipate, we likely continue to see more of the same.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 75735.08 / 80678.66 − 1 = -6.1%d × r = +6.1% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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