check out this chart of the stock to flow model on BTC. Is it possible that it predicts the future for three cycles of bitcoin now? this is very interesting and fits with the other technical indicators I am using to make this decision that BTC most likely will float around the 21 EMA on the daily chart then back to new highs. For one, the dollar bounce here at support is weak and looks to be short lived and if it breaks that support it's gonna tank. Two, the NVT is still red on daily and weekly and everytime btc has pulled back to the 21 EMA on weekly this signal triggered from red to white. still monitoring ETH/BTC for a possible swap looking for the wild run it made in 2017. notice if stock to flow channel tells you the longer term bottom then what it's telling us now is this is the last time ever we will be able to buy BTC under 40 to 42,000. we shall see. will update if NVT triggers
