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Bitcoin whale refutes predictive power of stock-to-flow model, deems it “dangerous”

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Many embattled cryptocurrency investors have been pinning their hopes for 2020 being a positive year for Bitcoin on its widely lauded stock-to-flow (S2F) economic model, which suggests that the benchmark crypto could be trading at roughly $100,000 by 2021.

The S2F model, however, may be underpinned by false assumptions according to a recent report, and the damage done by it being invalidated will potentially be grave for some traders.

This comes as one prominent Bitcoin whale notes that overly simplified economic pricing models like S2F are incredibly “dangerous” for the tens of thousands of traders who may mistake the theories as valid due to the hype surrounding them.

@TradeCryptoNow
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