RE: Bitcoin Crash Doesn’t Affect Stock To Flow Model Prediction
After all of the doom-and-gloom you’ve probably been seeing in anything Bitcoin, crypto, stocks, gold, etc today, here’s some positivity
BITCOIN CRASH DOESN’T AFFECT STOCK-TO-FLOW MODEL PREDICTION
Bitcoin’s S2F model is a long-term prediction which takes data from the previous Bitcoin halving events and calculates a range where prices are likely to follow in the future. According to its creator, PlanB, a pseudonymous Bitcoiner on Twitter, the latest flash crash is still well within the projected constraints of the model, despite the state of panic in the market right now.
Master Asked on March 10, 2020 in Bitcoin.
I’m glad yesterday is over, aside from all of the crashes it was just an awful day all-around.