If Stock to Flow is still accurate, BTC at $30k is the cheapest it's been in 4 years

in #bitcoin • 3 years ago

Bitcoin's price is now the furthest away from the Stock To Flow Model price it has been in 4 years

If the Stock to Flow Model is still accurate, the price of bitcoin has never really been cheaper.

The price of bitcoin is the furthest away from it's model price than it's been in roughly 4 years:

image.png

(Source: https://twitter.com/CryptuMichNL/status/1409494952577482752/photo/1)

Which means...

Bitcoin is technically cheaper than any other point in the last 4 years right here around $30k.

Let that sink in for a bit...

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3 years ago in #bitcoin by
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     3 years ago 

    Stock model? As in parallel comparison to other markets?

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     3 years ago (edited)

    :( Screen Shot 2021-07-04 at 09.01.39.png

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    [-]
     3 years ago 

    D'oh!

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       3 years ago 

      LOL

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      [-]
       3 years ago 

      No, stock to flow. It's a bitcoin price model relative to it's new issuances.

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