The Bitcoin Power Law Q1 is undefeated, 3 - 0.
This is the third instance of a monthly close below the 5th quantile and, apparently, is once again marking the end of the bear market. This time the close was even deeper into the 1st quantile.
Enjoy the TV indicator by
Bitcoin is on track for the 3rd instance in history of monthly closes below the 5th quantile of the Jacobian-weighted Bitcoin Power Law (big shoutout to @BitcoinPowerLaw for the TradingView indicator).
Each prior event marked the definitive end of the bear market:
1️⃣ Aug-Sep


