🦉 Bitcoin Exchange Reserves Hit Lowest Level In 6 Years

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STOCK 2 FLOW 🔬

What Is Stock To Flow (S2F)?

Stock to flow is a forecasting tool for Bitcoin price.

It creates a line on the chart above that shows an estimated price level based on the number of bitcoins available in the market relative to the amount being produced (mined) each year.

The score on the stock to flow line is the forecasted price for bitcoin at that particular time. By hovering your cursor over the line on the chart, you can see the forecasted price. To date, it has broadly forecasted price correctly as $BTC price has followed the stock to flow line.

As the amount of bitcoins to be mined reduces over time, the stock to flow number (s2f ratio) increases, as supply coming onto the market is reducing. That is why this model is forecasting that the price of Bitcoin will increase in the future.

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WHAT IS BITCOIN? 💡

Bitcoin (BTC) is the first and most well-known cryptocurrency, created by an anonymous figure known as Satoshi Nakamoto in 2008.

BTC operates on a decentralized, peer-to-peer network, secured by a Proof-of-Work consensus mechanism, making it resistant to censorship and fraud.

Its key points include a capped supply of 21 million coins, providing scarcity, and its role as "digital gold," serving as a store of value.

Bitcoin is amazing due to its pioneering role in the blockchain space, its security, and its potential to revolutionize finance by offering a decentralized alternative to traditional financial systems.

Its global adoption and resilience solidify its position as a groundbreaking asset.

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