This idea was inspired by bitharington's post on Twitter where he outlines at what levels he would consider each variation of Bitcoin's stock to flow model created by Plan B would be invalidated.
The levels are as follows:
S2F-org: May-21 20K; Sep-21 30K; Jan-22 50K.
S2F-upd: Mar-21 20K; Sep-21 40K; Jan-22 80K.
S2FX: Mar-21 30K; Sep-21 90K; Jan-22 200K.
I have added these dates and targets to the chart with a color code, along with a pitchfork channel that oddly lines up with each major target. Here's hoping to this doesn't get invalidated.
The levels are as follows:
S2F-org: May-21 20K; Sep-21 30K; Jan-22 50K.
S2F-upd: Mar-21 20K; Sep-21 40K; Jan-22 80K.
S2FX: Mar-21 30K; Sep-21 90K; Jan-22 200K.
I have added these dates and targets to the chart with a color code, along with a pitchfork channel that oddly lines up with each major target. Here's hoping to this doesn't get invalidated.
CoinChartist is run by Tony "The Bull", a level 3 CMT student & technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!