Big buy? Bitcoin’s transaction price is 59% below the BTC price model target

Bitcoin (Bitcoin) Has never been so far below its target price, this week’s inventory flow model shows.

in a tweet On July 10th, Lex Moskovski, Chief Investment Officer of Moskovski Capital, showed the liquidity of stocks, marking a historic moment in Bitcoin’s 12-year life cycle.

“Excellent buying opportunity”

Since BTC/USD shows almost no signs of a truly bullish recovery, the currency pair has deviated from the expected price calculated by the stock-to-flow price model.

Stock-to-flow is arguably the most popular Bitcoin predictor, and historically tracks BTC price movements with amazing accuracy, taking all abnormalities into consideration to remain effective.

As Cointelegraph ReportHowever, the current behavior is allowing stock liquidity to compete for its funds, and so far, its target price has never been relatively far from reality.

“The negative stock flow bias is the highest in the entire Bitcoin history,” Moskovsky commented.

“If you believe in this model, this is a good buying opportunity.”

Bitcoin stock flow deviation and BTC/USD chart.Source: Lex Moskovski/Twitter

according to Inventory flow multiple, The trading price of BTC/USD on Saturday should be 82,703 US dollars. At the time of writing, the actual spot price was $33,850-59% lower.

PlanB, the creator of the model, insists on a serious bullish view of Bitcoin in 2021, and his latest price prediction calls for USD 135,000 by December As the “worst case”.

The analyst is currently not on the scene and does not comment on the incident. He promised to return in August with a minimum target price of approximately US$47,000.

Bitcoin stock flow model as of July 10. Source:

Inventory-to-flow faces a serious bear market

PlanB has never ruled out the possibility of inventory flow failure at any time. If the most pessimistic situation becomes a reality, this may become a reality.

related: PlanB feels “uneasy” because 41% of his fans say that there will be no $100,000 BTC this year

This includes a $10,000 warning from Scott Minerd, a Guggenheim executive. claim There is no “any reason” to buy Bitcoin under current conditions.

Other data indicate Extend the recovery period For Bitcoin fundamentals, and December may bring Selling pressure Again, it conforms to historical precedents.

The views and opinions expressed here only represent the views of the author and do not necessarily reflect the views of Every investment and trading action involves risk, and you should conduct your own research when making a decision.