S2F Creator Predicts $500K Price for Bitcoin in Next Halving
Variations in the S2F Model The S2F model, which has gained significant popularity within the crypto community, analyzes the relationship between Bitcoin’s scarcity (stock) and its rate of production (flow). advertisement The model suggests that as Bitcoin’s issuance rate decreases over time, its scarcity will increase, leading to higher prices. Notably, PlanB’s model has been reasonably accurate in the past, successfully predicting Bitcoin’s price movements. Based on the latest data and the average S2F ratio and BTC price during the halving cycle, PlanB’s updated model still suggests a price of $54,000 for the current cycle. However, at the time of the statement, Bitcoin was trading around $31,000, indicating a deviation from the model’s prediction. PlanB acknowledges the model’s error but believes it does not render the S2F model broken or invalid. Recommended Articles ...