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Mati Greenspan is frequently mentioned in the leading financial media, as a prominent investment specialist with macroeconomic analysis, portfolio diversification, and crypto in his field.
the founder and ceo of quantum economics revealed what’s on the horizon for his company that provides analysis, advisory, and money management services in the field of crypto and traditional markets, and shared his perspective on how mass adoption could affect bitcoin’s ‘uncorrelated asset’ status.
Bitcoin Price and Fed Silver Printing.
Back in July, when Bitcoin was testing a major bearish trend, two institutional customers sought S2F advice – a mediocre strategy, according to Greenspan.
Often used as a method of forecasting Bitcoin prices, the stock-to-flow model divides the current offer of the asset (stock) by its annual output (flow).
“a simple rule of technical analysis–anytime you talk about charts, charting data is past data–doesn’t tell you what’s going to happen in future,” said greenspan, explaining the limitations of historic data.
'he cannot predict the demand side,' he maintained, noting that "?? price movement in a massive range is not a good indication of where price is going in the short run.
According to Greenspan, which considers that support above $30,000 is extremely bullish, "$45,000 is the medium-term price target, and everything below $40,000 is a buying opportunity."
bitcoin climbed above $44.000 after a full week of trading at lower prices, as the us inflation rate hit 7%–its biggest annual gain since 1982.
“every time the fed prints, the price goes up, when they start pulling back stimulus things get volatile” greenspan pointed to a direct correlation with bitcoin price.
Crypto and other so-called "risky" assets such as stocks tend to attract investors when trust currencies face devaluation.
crypto trading volumes tied to the turkish lira recently reached a 15-month high as turks raced to get rid of their national currency that lost 40% of its value since september 2021.
institutional adoption
While this year could potentially mean a lot of money poured into Bitcoin – aka "institutional adoption" at full throttle – leading to a sharp price hike – the question is what then?
“institutional adoption is indeed a death nail to the uncorrelated narrative. now that the world’s largest money movers are knees deep in the crypto market, they will certainly make decisions on their portfolio while factoring in what’s happening in other markets,” answered greenspan when asked about how he sees crypto mass adoption affecting bitcoin’s ‘uncorrelated asset’ status.
Greenspan, whose exposure to its own investments is 100% in cryptography, currently consulting the social intelligence platform for crypto investors, lunarcrush, and electronium, a mobile phone cryptography project that delivers instant transactions at minimal cost, designed to accommodate the unbanked population of the world.
Meanwhile, his quantum economics firm, who is currently advising luno global, the cloud protocol and getting ready to announce another advisory role next week.
The company is currently raising capital for a bitcoin mining facility "quantum shipments," and "quantum stocks," a platform challenge for institutional investors and money managers, greenspan revealed.
