According to the S2F model from Planb, this will be the price of Bitcoin during the next halving

According to the S2F model from Planb, this will be the price of Bitcoin during the next halving

Despite its previous success, the stock-to-flow model attracted numerous opponents last year because it could not predict Bitcoin's price in 2022.

his creator, however, remains believer and outlined the possible scenarios for BTC for the next halving, which is to take place in one year.

S2F places BTC at

In recent years, a lot has been talked about the S2F model, with most Bitcoin maxis supporting it in view of its bullish price forecasts, while many others criticized it in times of inaccuracy. It takes into account the inventory as the size of the existing reserves (or inventory) and the river - the annual range of bitcoins on the market.

The model had a good run and met several of its goals in the first years after Planb had designed it. Despite the claims of PlanB, however, it could not even reach its latest forecasts, including the exceeding of the six -digit price tag by the end of last year.

The halving, the event that halves the production of BTC about every four years (210,000 blocks), is an essential part of the model because it reduces the river (annual delivery). Since the next estimates are to take place in about a year, Planb sketched, where Bitcoin will be in relation to the USD price.

He claimed that the asset was traded at around $ 60,000 (or more than the double of its current price) and will continue to rise after the fourth halving.

to say that the S2F model is "wrong/invalid/broken", to say that BTC prices are coincidents after the halves 2012, 2016, 2020 (red arrows), without reference to the halves.
possible, but I am different. IMO 21M upper limit, delivery plan, 4-year half-lodging cycle are fundamental for the BTC Prize. In my opinion ... pic.twitter.com/2zougphvtm

- Planb (@100 trillions USD) 21. April 2023

Bitcoin and Metcalfes Law

planb also dealt with the law of MetCalfe, which argues that the financial value or the effects of a (telecommunications) network is proportional to the number of connected and active users in order to substantiate its BTC price forecast. Although the MetCalfe law typically refers to a certain type of network, the Bitcoin blockchain also works as such, and it has increased in relation to active users and BTC owners.

The law of metcalfe says: value of a network = number of users to the square (n^2)

The S2F model says: value of a wealth value = scarcity high three (s2f^3)

so if s2f 2x then value 8x (2x2x2)
Oh, and the halving in April 2024 will double #bitcoin s2f
probably nothing🔥 21. April 2023

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