Looking at your analysis of Bitcoin on the graph.

You truly understand the concept of stock to Flow model, and can Apply it well.

Understanding that stock to Flow model helps very well to analyze and predict market prices in cryptocurrency, it's also limited to not considering all necessary factors of the commodity, and also difficult to get accurate and full data involved.
Though it can be applied to steem but steem is kind of different a little and thus needs critical and logical steps to apply well.