Short excerpt from a YouTube video ("Why 95% of Trades Are Algorithmic") in which the speaker references the negative oil-price event and contrasts it with Bitcoin’s resilience — noting Bitcoin bounced at a power-law-derived support level. The speaker links this behavior to the Minotaur trading system’s focus on support levels as a stress test for understanding Bitcoin’s value.
They were basically telling you, we give you money if you buy oil. If you get oil, we are paying you money. Right. The oil price went negative. It is completely absurd. And bitcoin arrived there to the power loss support and it stopped and it bounced back. So it's kind of a stress test. This is why, you know, the minotaur trading system really takes seriously the support level, because as being over the year, one of the strongest values from understanding Bitcoin in terms of a power law.
