No need to panic

in #bitcoin5 years ago

Bitcoin is still on the right path

Looking at the stock to flow model, bitcoin is still within one standard deviation of that model.

Look:

(Source: ~~~ embed:1187404271328870400) twitter metadata:aGFtYWwwM3x8aHR0cHM6Ly90d2l0dGVyLmNvbS9oYW1hbDAzL3N0YXR1cy8xMTg3NDA0MjcxMzI4ODcwNDAwKXw= ~~~

Not sure about you, but looking at this chart it doesn't look like it is time to panic just yet.

If we start dipping out of this channel, it may be time to start panicking.

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