{"id":52298,"date":"2021-11-04T09:41:51","date_gmt":"2021-11-04T07:41:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52298"},"modified":"2025-09-03T09:34:24","modified_gmt":"2025-09-03T06:34:24","slug":"stock-to-flow-indicator-points-to-potential-continuation-of-bitcoin-rally","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/stock-to-flow-indicator-points-to-potential-continuation-of-bitcoin-rally\/","title":{"rendered":"Stock-to-Flow indicator points to potential continuation of Bitcoin rally"},"content":{"rendered":"<p>The Stock-to-Flow Deflection metric indicates that the first cryptocurrency is still undervalued according to PlanB&#8217;s well-known Stock-to-Flow model. This is stated in <a href=\"https:\/\/u1f987.com\/en\/news\/october-2021-in-numbers-record-bitcoin-etf-debut-meme-token-rally-and-2-9b-for-ethereum-miners\">ForkLog&#8217;s October analytical report<\/a>.<\/p>\n<p><!--more--><\/p>\n<figure class=\\\"wp-block-image size-large is-resized\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-581-1024x576.png\\\" alt=\\\"Stock-to-Flow-based indicator points to potential continuation of Bitcoin rally\\\" class=\\\"wp-image-155118\\\" width=\\\"840\\\" height=\\\"472\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-581-1024x576.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-581-300x169.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-581-768x432.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-581-1536x864.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/1-581.png 1800w\\\" sizes=\\\"auto, (max-width: 840px) 100vw, 840px\\\" \/><figcaption>Stock-to-Flow Deflection indicator. Data: <a href=\\\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;m=indicators.StockToFlowDeflection\\\">Glassnode<\/a>.<\/figcaption><\/figure>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cStock-to-Flow (S\/F) Deflection is the ratio of Bitcoin&#8217;s current price to the S\/F model. If the values are \u2265 1, that means Bitcoin is overvalued according to the model; otherwise, undervalued,\u201d the description on the analytical service\u2019s site says.<\/p>\n<\/blockquote>\n<p>The chart shows the indicator sits well below the 1 mark, but since mid-July its readings have been moving upward. This may signal an impending shift in the market cycle. Nevertheless, substantial upside potential for continuing the price rally remains. <\/p>\n<p>Another well-known on-chain indicator \u2014 <a href=\"https:\/\/u1f987.com\/en\/news\/how-to-spot-entry-points-in-the-crypto-market-using-on-chain-tools\">aSOPR<\/a> \u2014 remained above the 1 mark throughout October:<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"576\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-491-1024x576.png\\\" alt=\\\"Stock-to-Flow-based indicator points to potential continuation of Bitcoin rally\\\" class=\\\"wp-image-155119\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-491-1024x576.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-491-300x169.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-491-768x432.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/2-491-1536x864.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/2-491.png 1800w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Dynamics of the aSOPR indicator. Data: <a href=\\\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;ema=0&#038;m=indicators.SoprAdjusted&#038;mAvg=7&#038;mMedian=0&#038;s=1541399012&#038;u=1636007012&#038;zoom=1095\\\">Glassnode<\/a>.<\/figcaption><\/figure>\n<p>This points to improving market sentiment and to the fact that most investors are taking profits rather than selling at a loss.<\/p>\n<p>The latest metric trends point to the continuation of the price rally.<\/p>\n<p>As noted, based on the Stock-to-Flow model, DecenTrader analysts <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-the-stock-to-flow-model-signals-bitcoin-price-to-reach-85000\">identified the potential for Bitcoin to reach $85,000<\/a>.<\/p>\n<p>Follow ForkLog on Telegram for updates: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Stock-to-Flow Deflection metric indicates that Bitcoin remains undervalued.<\/p>\n","protected":false},"author":1,"featured_media":52299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1145],"class_list":["post-52298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52298"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52298\/revisions"}],"predecessor-version":[{"id":52300,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52298\/revisions\/52300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52299"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}