Where all those $100,000 Bitcoin price predictions are coming from
Like with any other asset, people are constantly discussing Bitcoin’s price and where it might go. The stock to flow model has been at the heart of that debate for a while now, and although many dispute it’s validity, we should at least understand what it is and where it comes from.
What is stock to flow (SF)?
The stock to flow ratio is nothing new and has existed as a price analysis tool for decades. It’s most commonly used for natural resources, especially metals like gold…