{"id":418085,"date":"2020-03-13T19:00:27","date_gmt":"2020-03-13T19:00:27","guid":{"rendered":"https:\/\/wncen.com\/?p=418085"},"modified":"2020-03-13T19:05:51","modified_gmt":"2020-03-13T19:05:51","slug":"analyst-bitcoin-stock-to-flow-model-continues-to-hold-now-its-your-turn","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/analyst-bitcoin-stock-to-flow-model-continues-to-hold-now-its-your-turn\/","title":{"rendered":"Analyst: Bitcoin Stock to Flow Model Continue\u2019s to Hold, Now It\u2019s Your Turn"},"content":{"rendered":"

Bitcoin<\/a> is currently struggling to stay above $5,000, when just a couple weeks prior, the asset was trading above $10,000 – over double the current price.<\/p>\n

But despite the latest fall, the asset’s highly-cited stock-to-flow model focusing on the asset’s hard-coded scarcity continues to hold. With the model still intact, it may now be time for crypto investors to hold for the long haul.<\/p>\n

Bitcoin Bloodbath Can’t Disrupt Stock-t0-Flow Model<\/h2>\n

The first-ever cryptocurrency is having a majorly bad week.<\/p>\n

As coronavirus concerns continue to mount, the world is in turmoil and markets are collapsing. Not even save haven assets like gold or silver are safe from the carnage.<\/p>\n

Related Reading | Silver, Gold and Bitcoin: Even Safe Haven Assets Cannot Withstand The Coronavirus\u00a0<\/a><\/strong><\/em><\/p>\n

Bitcoin<\/a> and the rest of the crypto market were his especially hard, as the high risk, speculative asset class struggles with liquidity and by lacking fundamental value is more susceptible to investor sentiment.<\/p>\n

That sentiment is in extreme fear after this week’s drop in combination with a global pandemic and possible recession.<\/p>\n

Bitcoin fell from over $10,000 in February, to a low of $3,800 as of the time of this writing. And while the impact of the virus not slowing down and a vaccine still weeks if not months or even a year away, things may not turn around soon.<\/p>\n

But regardless of the chaos and resulting selloff, Bitcoin<\/a> continues to follow the stock-to-flow model.<\/p>\n

The current price is well within the deviation range the model suggests.<\/p>\n

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1.5T dollars injected into the markets by fed. <\/p>\n

Steady slow grind up for #Bitcoin<\/a> over next 200 days. <\/p>\n

Those that hold will be rewarded. S2F model held up. pic.twitter.com\/En6afVCFwd<\/a><\/p>\n

— Jason A. Williams (@GoingParabolic) March 13, 2020<\/a><\/p><\/blockquote>\n