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...
The post Could Bitcoin Reach $100,000 in 2020? This Indicator Says Aye appeared first on NewsBTC.
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