New Experiments Could Allow Bitcoin Traders to Locate Price Bottoms

Arithmetic researchers Willy Woo and David Puell might have pulled off methods to realize bitcoin price bottoms.

In their latest tweetstorm, the cryptocurrency analysts shared two experiments after analyzing the bitcoin’s price action relationship with a time-value relating to how long an investor held their coins. Woo’s experiment was about finding Cumulative Value-days Destroyed (CVDD), a method to track the total value-time destroyed as one holder transferred bitcoin’s ownership to another holder. On the other hand, Puell’s experiment focused on finding the Transferred Price and Balanced Price by using the coin supply as one of the primary metrics.

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2019-04-10 13:02:13

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