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Published 30 Oct 2026, 19:00 UTC · fetched 6 Nov 2026, 14:18 UTC
Benjamin Cowen
@benjamincowen
#BTC and #SILVER went up about the same amount in the bull market (just different paths to get there). Perhaps they bottom around the same level too (just different paths to get there). Bitcoin historically goes below both the realized price and balanced price in bear markets (neither of which have happened yet). Though we have been getting closer and closer each cycle to not taking out the balanced price, so I would not be so deterministic about that. Just keep those risks in mind in Q4 and don't lose sight of the bigger picture. Could see both doing well next year once this drop is over.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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