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Joe Burnett, MSBA
Joe Burnett, MSBA|Nov 20, 2025 18:03
The VIX just moved above 25 (some trouble in U.S. equities). This model’s projected max bitcoin drawdown at that level is about 36%. Bitcoin is down ~31%. If the VIX hits 45, the model implies a projected max drawdown of 43%, putting bitcoin near 72,000.(Joe Burnett, MSBA)
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