Quant Analyst States Global M2 Cannot Forecast Bitcoin Price
Critique of Bitcoin Pricing Model by Raoul Pal Raoul Pal, CEO of Co-Founders-Co-Founder-Real Vision at hedge fund 21st Capital, has drawn attention to a popular Bitcoin pricing model, labeling it as a “textbook case” of issues like data illiteracy and overfitting. This model presents a close relationship between Bitcoin and Global M2, which measures the […]