Earlier this year, I discussed one of my favourite models for price prediction: the Bitcoin stock-to-flow ratio. The model, used to calculate the stock-to-flow of assets with hard caps, was popularised by the prominent Bitcoin analyst PlanB. Today, I'd like to cover two additional price models which may shed additional light on the future price of Bitcoin. Please remember that my only goal is to explain these models to help you understand them, not to make future price predictions. Random 'black swan' events can happen at any time and cause major price movements. A great example is the impact of Mt Gox on BTC price during 2014 and 2015. It completely shattered the market, causing price to drop for a goodThe post Can three models accurately predict Bitcoin price? appeared first on Coin Rivet.
from Yahoo Finance https://ift.tt/2QS46fU
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