While at various phases of the market cycle, it may seem like time is not on our side, we can resort back to all of our charts and identify that it still very much seems like time is on our side. Whether we put in a market cycle top in 2021, 2022, or 2023, it would appear that time remains on our side. To show this, we present our fair value logarithmic regression trendline of the entire cryptocurrency asset class. While we normally present this on the first of the month, I figured it may be good to give an update today. We investigate the over-extension from the fair-value logarithmic regression trendline and identify where we may be in the market cycle. Could we cool off for a little before trending back up? Of course. Could we continue on up in 2021? Of course. TA Video by Benjamin Cowen.
