1 Comment

The btc 200wma has always been positive. Over its short history. That’s not true for the sp500. It seems that btc is therefore a better medium term savings vehicle than sp500 unless you expect that the 200wma will turn down for btc at some point. Obviously stocks have a much longer history than bitcoin but I expect the btc 200wma to have a positive slope relative to anything else forever.

I always enjoy reading your articles and gaining from your insights but I’m not seeing how stocks are reliably better than bitcoin over any timeframe.

Expand full comment