Great buy? Bitcoin trades at record 59% below stock-to-flow BTC price model target

Cointelegraph

Published Jul 10, 2021 10:00AM ET

Updated Jul 12, 2021 02:20PM ET

Bitcoin (BTC) has never been as far below its target price as it is now, the stock-to-flow model shows this week.

In a tweet on July 10, Lex Moskovski, chief investment officer at Moskovski Capital, showed stock-to-flow flagging a historic moment in Bitcoin's twelve-year lifetime.

Bitcoin stock-to-flow deflection vs. BTC/USD chart. Source: Lex Moskovski/ Twitter
Bitcoin stock-to-flow model as of July 10. Source: BuyBitcoinWorldwide.com

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