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Stock-to-flow model possibly invalidated as Bitcoin price loses $30K

The model was popularized by the Twitter pseudonym more than two years ago in March 2019 and amid a minor bull through Q1 2019. It’s considered to be one of the leading quantitative valuations for the first-ever scarce digital currency. The model presumes that scarcity of certain assets or commodities drives its price.

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Source: Cryptocurrency - investing.com

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