Bitcoin Could Be About To Surge To $100,000 After Stock-To-Flow Update Revealed
The stock-to-flow pricing model calculates a ratio based on the existing supply of an asset against how much is entering circulation.
Interesting article about the price of bitcoin and where it might be heading from here. This model that they are using is a little to complex for me, but it's good to learn about. I'd be happy with a price for bitcoin half that, lol.
Would be interesting to see if that happens. Hope the world does not go up in flames completely before that occurs.
I hope not! But I kind of feel like the world is going up in flames with all these riots in the US. :(
Stay safe everyone!