1. Do you think such prediction models are realistic?
2. What major event do you think will usher BTC and the entire industry into the next bullrun?
3. Do you think Microstragy purchasing large units of btc will influence the price?
Some are of the opinion that sovereign funds and institutions will buy at discount. Well, what do you think?
1. I don't think it is, but it's what that particular model suggests. But there are many models and they're saying different things.
2. I can't think of any. But it must be a set of good news that will reverse the direction. The recovery will be gradual because the price has gone too far below. Although it will accelerate once signs are showing that the red is over.
3. It will but it depends on the quantity. But I don't like this. This will be like a bandaid approach. Let the price reach bottom and then rebound. Aside from MicroStrategy already owning a lot, this isn't the natural progress so to speak. And it has been attempted a number of time, but the effect is very short term. It failed to reverse the direction.
If sovereign funds and institutions are interested in buying, the current price is already good.