Bitcoin crosses above 200D, invoking Rule #3 --> Buy Bitcoin above its 200D

STRATEGY: Rule #3 kicking in --> Buy Bitcoin --> $100K into YE

Bitcoin crosses above its 200D...
Bitcoin today crossed above its 200D moving average ($44,938), invoking Bitcoin Rule #3 --> Buy Bitcoin $BTC above its 200D moving average

- Bitcoin fell below its 200D on May 18th, 2021
- Recall, we "stepped aside" on Bitcoin at that date
- Bitcoin has since been range-traded between $30k-$40k

With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into YE.  This is consistent with our view that "everything rallies" into YE.

RECAP: 5 rules of Bitcoin
Our 5 rules of Bitcoin are below.  The most known is #5, the "10 best days", or the rationale to HODL Bitcoin.  But Rule #3 is a biggie.

As shown below, Bitcoin's forward performance is far stronger when it is trading above its 200D moving average:


>200D, 6M forward return    +193%
<200D, 6M forward return       +10%

You get the picture, Bitcoin is a network effect/network value asset, and also apparently aided by price momentum.