Bitcoin has been boring the last couple of months and has roughly gone sideways in a rather long range for the last year. The price action has been sideways some of the longer term indicators have been priming and suggest that the next move is to the upside.
The stock to flow model comes and goes in popularity with the volatility of bitcoin. When bitcoin is...
Using a combination of:
-Technical trend analysis
-Fibonacci Extension
-Stock 2 Flow Model estimates
Let's hope we do at least as well as this if not better :-)
This is how I expect BTC to move until 14th of Feb, which is my birthday (world around the sun, yaay! / valentinas day, boo / lupercalia, haa?). Let's see whether stock2flow model and cycles model will be a gift for my birthday, or not (: In any case, for friends who came here, please read about #blockchain as technology to prepare yourself for next ...
$BTC near key support to retest $60,000. which will be required for us to remain on track for the Stock2flow Model of 100k by 2022.
stats.buybitcoinworldwide.com
Weekly Hash Ribbons buy signal confirmed, price: $43,829 (CB). This would be the 12th buy signal in 9.5 years if not mistaken, after the most aggressive miner capitulation since 2021 with hash rate dropping by more than 50%. . This buy signal is the first in 8 months as well as first of 2021, since the price of $19.375 last year.
Recent buy signals :
Nov 2020:...
Hi Community,
I would like to share my analysis with you. It is quite simple, essentially it is a kind of bubble detector. The fundamental analysis combined with the RSI indicator. RSI had started its downside journey long before this plummet has been taken place and there is also a negative divergence between the actual Stock2Flow price and which had been...
As you can see in the chart, the 4h EMA was crossed. This did not happen since October. We'll have to way to see if this is the start of drop to 27500. This is quite aligned with the current stock2flow valuation in 463D: digitalik.net
According to PlanB's Stock to Flow Cross Asset Model (S2FX), Bitcoin (BTC) is still undervalued by 35% as of now and the fair value of Bitcoin will climb further in the next month.
The S2FX model predicts a Bitcoin price of around 280k USD by end of 2024 at latest. What we saw in the last weeks is a lot of buying activity of institutions like Microstrategy,...
