Stock-to-flow excitement begins once more

At the focal price point of $9,500, Bitcoin is behaving exactly as forecast, according to the creator of the historically very accurate stock-to-flow price model. June 1 produced a crucial “red dot” on the model, which has previously signaled the start of a bullish phase.

For the stock to flow, each bullish phase ups the price by an order of magnitude this time around, highs by 2024 could reach $576,000 or more.

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