How far can Bitcoin fall?
As of this post, Bitcoin's price is now $35, 443. Bitcoin's price has fallen over 17% over the last 7 days. It has also fallen close to 50% from its high of $68,000 on November 10, 2021.
Bitcoin's stock and flow model - which has been used by many analysts- predicted that Bitcoin would reach a price of $100,000 by the end of 2021. The question now is with the stock and flow model no longer reliable ... what is Bitcoin's actual price? Or in other words, how far can Bitcoin fall?
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