The crypto analyst behind the controversial stock-to-flow (S2F) Bitcoin price analysis model says BTC is following his predictions âlike clockwork.â
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Pseudonymous analyst PlanBâs latest version of the S2F, the BTC S2F cross asset (S2FX), enables the valuation of different scarce assets like silver, gold and Bitcoin with a single formula. It predicts Bitcoin will be worth $288,000 by the end of 2024.
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And so far, according to Plan B, itâs on track.
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PlanBâs prediction that BTC could hit $288,000 is his third. The analystâs original S2F model indicated Bitcoin would trade around $55,000 between 2020 to 2024. The second incarnation of the model showed the dominant cryptocurrency on track to hit $100,000 in the same time frame.
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Please let me know what you think about this.
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