The Stock-to-Flow model uses Bitcoin’s limited supply as a possible indicator of price. At a basic level, Bitcoin is somewhat similar to gold or diamonds. Over time, these two commodities’ prices have risen due to their scarcity. This factor lets investors use them as stores of value. If you take the total circulating global supply (stock) and divide it by the total amount produced by year (flow), you can use this ratio to model Bitcoin’s price over time. We already know the exact amount of n...