Post
Topic
Board Speculation
Re: Can BTC go down to <$5k again now?
by
ourkid
on 29/01/2021, 16:52:34 UTC
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The major movements in bitcoin do not care about charts like these, they can move beyond 100k or under 10k and chart could say whatever it wants to say and people will ignore it and keep on selling to make it go under if they want to.
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I do agree with you, but I think there is a chart every Bitcoin investor in the world definetly looks at: Stock to Flow.
In case we beach the 50% level in S2F we could see a massive, massive sell due to the failure of this model.
I am confident it will not happen, but for intellectual honesty I have to consider the scendaek

What is the current S2F?