gigisulivan
What if current S2F Reversion tells us we are only in July 2018?
Stock to Flow Ratio or Reversion is a perfect tool for finding value price for Bitcoin which I was showing almost a year ago, was clearly pointing to BTC having a very good chance of hitting under 16.7k at some point during this Bear cycle. (S2F ratio offers more, which I fully explained in my newsletter back in March 2022, but might do it again in few parts in future Quicktakes). If you look at the below chart, we've been in the "green zone" for a while now and heading potentially back into red as BTC price spikes towards 20-22k, if stock market pumps after favorable CPI next week. There is a small chance we're in same position as July 2018 and not like many think, either already at the bottom of the cycle or right before the final capitulation as in late 2018. Just a thought, considering 2023 could be worse than 2022 once we know what sort of recession are we getting.