Bitcoin Stock-to-Flow Model Still Intact — ‘Starting to look like 2013’ S2F C...
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013.” S2FX ‘Intact’ Says Plan B “Plan B,” is a pseudonym leveraged by the Twitter account @100trillionusd and since March 22, 2019, he’s been documenting his popular stock-to-flow (S2F) price model. Similar to the tools and technical analysis models Bitcoin.com News has....
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Long-term price forecasts based on stock-to-flow remain “intact,” said PlanB after last month’s record red candle. Bitcoin (BTC) may have just had its worst monthly candle in 10 years, but it could still surge to new all-time highs this year, said popular analyst PlanB.In a tweet on Tuesday, the creator of the stock-to-flow-based BTC price models said that Bitcoin is behaving like during its 2013 bull run.Stock-to-flow “intact” after May dropAfter its drop to $30,000 and several retests of that level, concerns are starting to appear over a bigger drop taking BTC/USD toward $20,000 and....
Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork.” Stock-to-Flow Author Is Confident in the S2F Price Model Back in November 2020, news.Bitcoin.com reported on the popular but also contentious stock-to-flow price model created by Plan B. At the time, Plan B said that he has “no doubt whatsoever that bitcoin S2F is....
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the creator of the notorious stock-to-flow cross-asset (S2FX) price model, Plan B, shared his model and said the S2FX was still “intact.” Plan B still shows confidence in the bitcoin bull run and expects another 5x in the next six months. S2FX Price Model Still ‘Intact’ Despite the recent crypto market downturn, Plan B still seems positive that the bitcoin bull run is not quite over.....
Bitcoin has never been so far below where stock-to-flow predictions call for it to be. Bitcoin (BTC) has never been as far below its target price as it is now, the stock-to-flow model shows this week.In a tweet on July 10, Lex Moskovski, chief investment officer at Moskovski Capital, showed stock-to-flow flagging a historic moment in Bitcoin's twelve-year lifetime."Great buying opportunity"With BTC/USD showing few signs of a genuine bullish recovery, the pair has been drifting ever further from the price that the stock-to-flow price model calculates it should have.Stock-to-flow is arguably....
It's January 2019 all over again as Bitcoin deviates from stock-to-flow's estimates the most in two-and-a-half years. Bitcoin (BTC) closed its third red monthly candle in a row this week as a popular analyst likened BTC price action to January 2019.In a tweet on July 1, PlanB said that BTC/USD is now the furthest away from his stock-to-flow model's estimates in over two years.Stock-to-flow "make or break"After May's huge capitulation event, Bitcoin price action has failed to regain lost ground, staying around 50% below recent all-time highs.As a result, price models are getting a serious....