Bitcoin needs to fall another 20% before it's actually a deal

Core Viewpoint - The article discusses the dismissal of Erb's model for determining the fair value of Bitcoin, indicating a lack of relevance in the current market context [1] Group 1 - Erb is identified as a former commodities portfolio manager at TCW Group [1] - The model proposed by Erb for Bitcoin's fair value has been widely criticized and deemed irrelevant [1] - An example from last October illustrates the disconnect between Erb's model and Bitcoin's actual market performance [1]