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Absolutely right. The top is not a specific price. It is rather a deviation from the long-term trend. Whenever that happens.
10.8. klo 19.12
I didn’t know about the power law last cycle. I do now. If we get to 2x trendline it’s time to do a Kelly rebalancing.
We may very well have an extended bull market. But rebalancing at 2x trending and 3x trendline makes sense regardless of your calendar projections.
My money is that the power law will hold either way.
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