Having kept a close eye this last 2 years on the Stock to Flow for BTC, I had noticed each time the S2F spiked on the 2W chart, a large move in price action shortly follows.
As BTC broke the recent 17.5 bottom and formed a lower bottom at 15.5, there was a significant spike in the S2F data as shown on the chart.
Awaiting more data with the S2F Model Value to spike as it has many times previously.
This could be seen as some relief and good news for the miners.
I've heard the S2F has just spiked significantly again. what's you thoughts on this?
livmac7
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@ryanbmkaye, Hi, thanks for your comment. I typically wait for the 2W spike, however the 1W has spiked significantly which means the table is turning. And good news for the miners. I will create an updated chart of this. 😎
SwallowPremium
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This can happen, thanks for your awesome work!!
Bravetotrade
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Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade