BITCOIN - Chances for a Significant rise are Increasing
We monitor the price day in and day out and for us it's quite important that the price is again over the wedge.
We are not the greatest fanatics of stock to flow but Bitcoin does trade at record 59% below stock-to-flow BTC price model target.
Given that we have been expecting but have not experienced great volatility the last 10 days, now is time to be cautious: the chances are increasing and a flight could be possible!
Let's go higher? Give us your thoughts and comments.
the FXPROFESSOR
We are not the greatest fanatics of stock to flow but Bitcoin does trade at record 59% below stock-to-flow BTC price model target.
Given that we have been expecting but have not experienced great volatility the last 10 days, now is time to be cautious: the chances are increasing and a flight could be possible!
Let's go higher? Give us your thoughts and comments.
the FXPROFESSOR
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