Video Description
Let's talk about a few indicators that give some suggestions on how low the price of Bitcoin could eventually go.
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In order to understand terminal price, we first look at a different concept called transferred price. Transferred price is equal to the cumulative Value Days Destroyed (Price * Coin Days destroyed) divided by the market age * supply. The market age is defined as the amount of days since the first price datapoint. The transferred price can be seen as a life-to-date moving average of spending behaviour.
The Terminal price is then equal to 21 * Transferred price. By multiplying by 21, we basically do a reverse supply...
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This video from Benjamin Cowen provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.
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