Stock-To-Flow Creator: Bitcoin Cycle “Nowhere Near The Top”

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Bitcoin price still can’t crack back above $60,000 and prices are slowly moving downward. And while the creator of the popular stock-to-flow model agrees there’s no avoiding regular corrections in the leading cryptocurrency, the top of the current cycle is “nowhere near.” Here’s a closer look at why the model’s creator is so confident in further price appreciation, along with a technical look at where the cryptocurrency could be in the current cycle, in comparison to previous cycles. Stock-To-Flow Creator Says The Top In The Current Cycle Is “Nowhere Near” Bitcoin is well on the way to proving the highly cited stock-to-flow model for predicting future price appreciation to be true. The now revised mathematical model takes into consideration the asset’s limited supply, regularly scheduled halvings, and other factors to formulate a potential trajectory the price per BTC should loosely follow. Due to the cryptocurrency’s notorious volatility, price can fluctuate…

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