Bitcoin “A great buying opportunity,” says Lex Moskovski, Investment Director of Moskovski Capital. His tweet hints at the stock-to-flow model, which marks a historic moment in the twelve years of the life of the digital coin.
Moskovki’s tweet signals a profitable future for investors as the data shows that Bitcoin has never been as low as stock-to-flow projections should be.
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This means that BTC has never been as deeply below the price target as it is now, as the stock-to-flow model shown by the Investment Director on Twitter suggests.
Bitcoin remains a great buying opportunity as the price hits rock bottom | Source: BTCUSD on TradingView.com
The new trademark for Bitcoin is at a record 59% this week. It’s never been this far down. People like Moskovki have called this “a great buying opportunity,” haven’t they?
Lex Moskovski – An expert in the industry
Following the development, the director pointed out on July 10th that he was using his 3.2,000 Twitter followers to spread the “positive” signal that is supposedly historic. It happens for the first time in Bitcoin’s twelve-year life.
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Lex Moskovski is a seasoned internet entrepreneur with over 7 years of experience. Founder, CEO and Chairman of the Board of Directors of numerous successful social media.
He has always actively pointed out trends emerging from the industry.
Why worries in the crypto market only worsened recently when the price of Bitcoin fell below $ 40,000 for the first time since February, he quickly pointed out charts on his social media platform that suggested most investors are now sell at a loss on average.
In a previous tweet on the matter, he said that 22,917 BTC were deposited on exchanges in a single hour – a sign that people were preparing to dump.
Bitcoin, great purchase
As BTC / USD is showing little sign of a real bull rally. The pair is moving further and further away from the exchange rate that the stock-to-flow exchange rate model should have calculated.
Stock-to-flow is without a doubt one of the most popular Bitcoin predictors and has always observed BTC exchange rate developments with historically amazing precision, taking into account any anomalies in order to remain valid.
Nonetheless, the report assumes that the current move is similarly giving way to stock-to-flow, and from that moment on, the price target has never been so far from reality.
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Now is the time for people to invest their money in this industry. Again, a great buying opportunity for those who believe in this model, noted Moskovski.
According to him, the awkward-looking stock-to-flow discrepancy is “the highest in the entire history of Bitcoin”.
Featured image from Pixabay, chart from TradingView.com