Bitcoin closed the month of June at a value of $35,037 According to PlanB, the monthly close was at the lowest boundary of his Bitcoin S2F model Bitcoin had a similar close in January 2019 when it deviated by -61% from the model The next 6 months will be a make or break time period for the Bitcoin stock-to-flow model Bitcoin has dropped below $35k and is defending the $33k … [Read more...] about Bitcoin S2F Creator: The Next 6 Months Will Make or Break the Model
S2F
Bitcoin’s S2F Model Could be Invalidated if BTC Stays in the $30k Area
Bitcoin is trading at the lower boundary of the stock-to-flow model by PlanB Bitcoin has traded at this lower boundary before as was the case in March 2020 According to PlanB, his model could be invalidated if Bitcoin remains in the $30k range for a couple more months Time will tell whether the current Bitcoin environment leads to an invalidation of the model The S2F has been … [Read more...] about Bitcoin’s S2F Model Could be Invalidated if BTC Stays in the $30k Area
Bitcoin Looks Set for a Jump Towards $100k – BTC S2F Model Creator
@100trillionUSD has forecasted that Bitcoin looks set for a jump towards $100kHe cites his Bitcoin Stock-to-flow model which has a new orange dotFrom his chart, Bitcoin is currently in the middle of a bull-run with more room to growIn the short-term, $55k is the level to watch during tonight’s weekly closeThe creator of the Bitcoin stock-to-flow model, PlanB (@100trillionUSD), … [Read more...] about Bitcoin Looks Set for a Jump Towards $100k – BTC S2F Model Creator