Stock-to-Flow showing BTC is exactly where it should be right now...

in GEMSlast month

Another month in the books and another dot on the Stock-to-Flow chart...

As we turn the page on the first half of 2020, we also turned the page with another dot on the much heralded stock-to-flow bitcoin chart.

This time the dot would be red in color, which is significant if you have followed the stock to flow chart for any length of time.

The red dot is what you often see at the start of the bull market rallies.

In this case, RED = GOOD

It's the color that first appears after halving events.

Check it out:



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Interestingly enough, bitcoin is still tracking right along with where the stock to flow model says the price should be.

In fact, it's almost literally on the line.

Say what you want about the stock to flow model and whether you believe it will continue to be right or not going forward, but thus far it's hard to argue with the results.

Thus far it has predicted bitcoin's price moves with over 90% accuracy.

And there isn't anything showing up anywhere that should lead us to believe that is going to change any time soon...



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So, while the price action hasn't been exciting as of late, the stock to flow model says nothing is out of the ordinary thus far.

In fact, things are chugging right along exactly was the model would have expected.

The model will really but put to the test from here though...

It's showing a price of $100k by the end of 2021 and a price of around $280k by the end of 2024...

If both of those projections turn out to be true I think everyone readying this blog post will be extremely happy with the way things turned out.

Now we just need to make sure HIVE is dragged along for the ride! :)

Stay informed my friends.



Not yet. I need more time to buy more Hive.

Posted Using LeoFinance

Ha, I hear you. Accumulate accumulate accumulate!

Do you expect a price increase in eos on 4 July

It will probably run up into the announcement, not sure about after it. May be a sell the news event. I don't personally own any so I don't follow the price action that closely.

Bitcoin is a machine to transfer wealth from the impatient to the patient. Gotta wait for CME to lose control over it and boom.

Well said. Yes people talk about the financialization of bitcoin being a bad thing, but it also means there will be short squeezes from time to time when the powers that be can't overpower the market. In those instances we will see larger moves than we would have seen had they not been involved at all.

Hopefully, before long the fiats will collapse. History never fails. Or perhaps the stock market will enter a stagnation, like in Japan, and traders will take advantage of Bitcoin's low mcap. We'll see.

I'll keep accumulating hehe