Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
S2F
Here’s Why Bitcoin Will Lag its S2F Valuation By 5-10 Years, According to Willy Woo
Bitcoin analyst Willy Woo believes it may take up to a decade before bitcoin (BTC) can achieve the valuation predicted by the stock-to-flow (S2F) model. According to a tweet by Woo, the macroeconomic conditions required to propel BTC to S2F’s valuation would take a long time as “the world simply doesn’t move quickly.” Bitcoin to Delay S2F Valuation The analyst’s prediction comes after the Bitcoin network underwent a fourth halving, which reduced its inflation rate by slashing the number of…
1 year ago
Using Stock-to-Flow Model to Predict Bitcoin’s Future Price
Since the introduction of Bitcoin in 2009, digital currency has seen a tremendous increase in its unit price. Crypto fanatics and investors, at times, try to predict the future unit prices of bitcoin, but it has proven to be an enormous task. In addition, investors want to understand the best time to invest in bitcoins. So, how do you predict the price of something so volatile? The Stock-to-Flow model is quite effective at predicting bitcoin prices. Keep reading to see…
5 years ago
Bitcoin Analyst Says Stock-to-Flow Model Not Appropriate for Price Prediction
Many Bitcoin enthusiasts have robust support for the Stock-to-Flow (S2F) model used for the prediction of Bitcoin prices. According to the model’s forecast, Bitcoin price will become more than $100k by 2021. Nevertheless, according to some analysts, the model use for Bitcoin is untoward. Their argument is that Bitcoin’s supply is fixed; hence the model is unable to dictate market movements. An analyst known as Hugo Nguyen on Twitter tweeted about the statements by Coinmetrics founder Nic Carter on the viewpoint. According to the S2F model’s…
5 years ago