Bitcoin Is Now Further Away From Its Target Price Than Ever
Bitcoin is now further than ever from its target price according to the Stock- to- Flow model.
The Stock- to- Flow model is an profitable model that uses the rate of stock prices to flow of goods and services as a way to estimate unborn prices. The model was developed by economist Robert Merton in the 1960s, and it has been used to prognosticate unborn prices for stocks and goods for decades.
The Stock- to- Flow model uses three parameters stock price( S), inflow( F), and stock price rate( S/ F). The S/ F parameter measures how nearly a stock's price relates to its inflow. A high value indicates that a stock's price nearly reflects its inflow, while a low value indicates that a stock's price does not reflect its inflow veritably well.
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