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RE: Stock-to-Flow showing BTC is exactly where it should be right now...
Doc how about steem being dragged along too :). Both coins getting dragged along but not seing big move yet. should'nt bitcoin be able to scale when the fomo start from Peter Schiff ? what your thought on BTC scaling. Will there be post halving dump, still to come ?
I think BTC will work best as digital gold. It also is what will allow it to continue to avoid the ire of regulators. If bitcoin were to become widely used as a currency it will face a lot of pushback from governments. Not saying it couldn't succeed in that role, but it would be rocky. If it instead replaces gold as a hedge against inflation and a safe haven store of value in portfolios, it will exist quit nicely and has runway up to about 30x the current levels if it just works as a store of value.
And yes I think there still could be a post halving dump. I am positioned as if it is going to dip still. However, I have half my position already in just in case it doesn't dip. Either way I am covered.
A good strategy. Requires emotions in check though