Bitcoin S2F Invalidation Levels
This idea was inspired by bitharington's post on Twitter where he outlines at what levels he would consider each variation of Bitcoin's stock to flow model created by Plan B would be invalidated.
The levels are as follows:
S2F-org: May-21 20K; Sep-21 30K; Jan-22 50K.
S2F-upd: Mar-21 20K; Sep-21 40K; Jan-22 80K.
S2FX: Mar-21 30K; Sep-21 90K; Jan-22 200K.
I have added these dates and targets to the chart with a color code, along with a pitchfork channel that oddly lines up with each major target. Here's hoping to this doesn't get invalidated.
The levels are as follows:
S2F-org: May-21 20K; Sep-21 30K; Jan-22 50K.
S2F-upd: Mar-21 20K; Sep-21 40K; Jan-22 80K.
S2FX: Mar-21 30K; Sep-21 90K; Jan-22 200K.
I have added these dates and targets to the chart with a color code, along with a pitchfork channel that oddly lines up with each major target. Here's hoping to this doesn't get invalidated.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.