Download Bitcoin Stock To Flow Model Background
Download Bitcoin Stock To Flow Model Background. Its basic concept is that widely produced commodities like due to the limited historical record of cryptocurrencies like btc, we're not able to assess the effectiveness of planb's stock to flow model. Despite the price crash in march, bitcoin price is now within 4% of the model's predicted price.
Stock to flow is defined as the ratio of the current stock of a commodity (i.e.
The stock to flow has been an accurate predictor of bitcoin's price action over the years. And the stock to flow model created by plan b quantifies the scarcity of bitcoin. Circulating bitcoin supply) and the flow of new production (i.e. In a new publication, planb has made a new prediction for bitcoin at $288,000, using an.