Will  Stock-to-Flow of the previous cycle target and support of the current cycle?

Will-Stock-to-Flow-of-the-previous-cycle-target-and-support-of-the-current-cycle

In the previous cycle, in December 2018, Bitcoin's downtrend finally stopped. This was when the price of Bitcoin reached the Stock To Flow level of the previous cycle. In fact, the previous Stock to Flow acted as a support and target level for Bitcoin at that time. Once again, Bitcoin is approaching its previous cycle's stock-to-flow price. It is possible that this price (which is around 8,000 to 11,800 dollars) will serve as the target and the return point of Bitcoin (like the previous cycle).