Could Bitcoin Reach $100,000 in 2020? This Indicator Says Aye27

Bitcoin is about to get a lot more expensive than it is today, according to Dr. Julian Hosp.

The author of ‘Cryptocurrencies Simply Explained‘ evaluated bitcoin’s future performance based on a textbook indicator that measures abundance in commodity markets. Titled Stock-to-Flow Ratio, the index measures the amount of an asset held in inventories (stock) with its annual production rate (flow). Overall, the ratio describes how much time it would take the Stock to reach the Flow.

Original source
https://www.newsbtc.com/2019/05/25/could-bitcoin-reach-100000-in-2020-this-indicator-says-aye/

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