The Stock-to-Flow model suggests a target price of $500,000 for the 2024-2028 period, indicating a potential for significant appreciation due to Bitcoin's scarcity.

Bitcoin is currently trading at $106,327, experiencing a slight decline of 3.03% from the previous close. The 14-day RSI stands at 45, indicating a neutral market sentiment. The 200-week moving average is at $35,000, and the realized price is $40,000, suggesting that the average investor is at a profit. On-chain metrics show a miner net flow of -5,000 BTC, indicating miners are sending more BTC to exchanges than they are mining. The exchange reserve ratio is 12%, with 65% of BTC remaining unmoved for over a year, reflecting strong long-term holding behavior. ETF inflows over the past 30 days are 5,000 BTC, and hash rate stability is at 1.05, indicating a stable network. BTC velocity is at 0.3, and the inflation differential is 2%, suggesting a moderate inflationary environment.

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