Given that the word “bubble” has been used so frequently when describing Bitcoin, a Log-Periodic Power Law ( LPPL) model is applied to see if it can accurately predict critical turning points in its exponential growth cycle.
Recent events including the upcoming listing of Bitcoin futures by the CME and NASDAQ in early 2018 will open up the cryptocurrency market to even more investors. A recent institutional global survey asked respondents to identify the most crowded trade in the market: “Long Bitcoin” topped the list over “Long Nasdaq” and “Short USD”. Xmas Eve!) with an estimated Peak Price level of ~$46,000 with mode estimates suggesting a more conservative ~$25,000 level.īitcoin has been on a tremendous run and up almost 900% in 2017 alone. The median Critical Time period for Bitcoin was found to be 26 days from the last price point (ie. Back testing was done for 4 “crashes” in 2017 and the 60 day window was found to be a better balance of estimating a critical price peak vs a critical time window.
This study analyzes Bitcoin price from to and generates LPPL simulations to compare 30 day, 60 day and 90 day forward windows to estimate a ‘critical time period’ ( Tc ) indicative of a potential crash. He was rewarded with one knockdown and no quarterback sacks that could be a tremendous confidence boost that we hope goes a long way.This is a practitioners exercise and as such, mathematical and statistical theory will be kept to a minimum to help for easier reading but embedded links on theories and further background are highlighted for the interested reader.Ī Log-Periodic Power Law (LPPL) model is used to see whether the price action for Bitcoin follows a log-periodic oscillation model for describing the characteristic behavior of a speculative bubble and predicting its subsequent “crash”. On the other hand he showed tremendous courage last week, standing in the pocket despite playing the Giants front four. Green is), he shifts nervously in the pocket and will scramble when there's no need. If his immediate reads aren't there (aka, wherever A.J. But there are times he frustrates us notably his anxiousness in the pocket. He has a short memory and a personality that players, young and old, are compelled to follow. We love this kid he has those intangibles that you desire with a second-year kid, beautifully developing into a leader. It was never the team's intention to make Green-Ellis a 20 carry per game feature back more like a short-yardage stone during goal line situations andthird down conversions.Ĥ.
Cincinnati has a fairly effective offensive line, and two of the league's top-ten rated guards according to Pro Football Focus, but they're not sustaining the blocks for a turtle like Green-Ellis. BenJarvus Green-Ellis is lead-footed and slow approaching the line of scrimmage.
But don't expect any trouble from our rushing offense. He's a big body guy with great control and soft hands that plays like a power forward at times.ģ. We're a little excited about rookie Mohamed Sanu, who caught four passes during Cincinnati's 31-13 win last week, three of them converting third and fourth downs (one of which turned into a touchdown). Yes, we feel he could be much, much greater than what he's shown so far.Ģ. Granted, guys like tight end Jermaine Gresham have risen, but nothing near the consistency needed to really open Green up. Cincinnati really doesn't have an option in the passing game after A.J. Josh Kirkendall of Cincy Jungle was kind enough to break down what we should expect to see on Sunday.ġ. We'll start to get to know the Bengals by starting on the offensive side of the ball. Cincy is a 3.5-point favorite in the game and not many folks are expecting the Chiefs to win this game. The KC Chiefs host the Cincinnati Bengals this weekend in a game that has the Chiefs as underdogs.