The convergence of HIGHS and STOCK TO FLOW price points on BTC
Again, based on the thesis of PlanB:
medium.com/@100trill...carcity-91fa0fc03e25
Before judging, please read the article above carefully.
Blue line: "Price high" line with 2 positive signals since 2012
Red line: "Stock to flow" line with 2 positive signals since 2012
H = Halvening event of Bitcoin. There is a strong point, that the price approaches (every Halvening) the Stock to Flow line
M 1 = Time Traveller Meme
https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
M 2 = John McAfee Meme
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
F1 = Fractal 1
I find it very interesting, that both lines have 2 positive confirmations and approaching to each other over the time.
This would suggest to me, that the Price of BTC would be more "effective and fair" as the Stock to flow (Scarcity) would dictate the price tighter and tighter. A sign of a matured market in my opinion.
The repeating fractal would make the 2 most important price memes true! If you believe in the underlying stories or not, isn´t important. They are a psychological guiding stars, stronger and stronger with every move upon to them.
Remember this post, if BTC touches $ 100.000 this year or BTC will be around $ 55.000 at the next halvening in 2020.
(Please notice, that the price only approaches to the halvening/Stock to flow Line)
Thx to Plan B for his research about the Stock to flow correlation!
medium.com/@100trill...carcity-91fa0fc03e25
Before judging, please read the article above carefully.
Blue line: "Price high" line with 2 positive signals since 2012
Red line: "Stock to flow" line with 2 positive signals since 2012
H = Halvening event of Bitcoin. There is a strong point, that the price approaches (every Halvening) the Stock to Flow line
M 1 = Time Traveller Meme
https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
M 2 = John McAfee Meme
https://www.reddit.com/r/Bitcoin/comments/8ca0ds/john_mcafee_confirms_he_stands_by_his_million/
F1 = Fractal 1
I find it very interesting, that both lines have 2 positive confirmations and approaching to each other over the time.
This would suggest to me, that the Price of BTC would be more "effective and fair" as the Stock to flow (Scarcity) would dictate the price tighter and tighter. A sign of a matured market in my opinion.
The repeating fractal would make the 2 most important price memes true! If you believe in the underlying stories or not, isn´t important. They are a psychological guiding stars, stronger and stronger with every move upon to them.
Remember this post, if BTC touches $ 100.000 this year or BTC will be around $ 55.000 at the next halvening in 2020.
(Please notice, that the price only approaches to the halvening/Stock to flow Line)
Thx to Plan B for his research about the Stock to flow correlation!