$BTC : Should you start taking profits?

If you are trading #Bitcoin , monitoring the S2F Reversion Metric can be a useful tool to time your profit-taking or buying in. Here is some important information you need to know:

This is an indicator that compares the actual Bitcoin price with the predicted value according to the Stock-to-Flow (S2F) model.

This data helps you identify what level the market is at:

- Below value (buy opportunity), reasonable,

- Or too hot (profit-taking opportunity).

On September 11th, when Bitcoin reached a price of $57,000, the S2F Reversion index dropped below 1, signaling a buy.

Currently, if the S2F Reversion index exceeds 2.5, that is when you might consider starting to take some profits. When it goes above 3, taking more profits will be a safer decision.