Quote from: franky1 on May 25, 2021, 06:09:55 PM

Quote from: YanBitMoney on May 25, 2021, 10:28:27 AM

2. Stock to Flow Model
Apart from the Fear & Greed Index data, the Stock to Flow (S2F) Model, which generally predicts the movement of Bitcoin, also shows the same thing. The Stock to Flow predicts that the lower limit of the correction is $30,000
https://twitter.com/100trillionUSD/status/1396021832130744320

stock to flow DOES NOT PREDICT ANYTHING

one part of s2f is to merge in an average price.. and then compare that to the price
guess what there will always show a pattern because its price vs price comparison
the result is not predictive. its responsive

take out the 'average price' element' and whats left is nothing like what you feel is a prediction

the only reason there is a pattern of S2f vs price. is purely because s2f has a price element in it to cause the pattern

in short s2f is not a predictor and instead is a useless graph that makes idiots think they found some smart metric
they have not. they are being fooled

sure. S2F model is just a coincidence and it didn't anticipate this drop caused by China. but one thing is for sure, Bitcoin is recovering. Investors should remember that the cryptocurrency field is always accompanied by adjustments and even setbacks. If you understand Bitcoin, you will understand its volatility and know that a 50% correction is normal. What's more, the long-awaited U.S. Exchange Traded Fund (ETF) will provide "rocket fuel" for digital assets. It is expected that US regulators will approve the Bitcoin ETF in September. Once this happens, due to the new sources of demand from RIA (registered investment advisors) and asset management companies, the entire crypto market will rise.