What Is The Bitcoin Stock-To-Flow Model?
It’s often thought that PlanB is the creator of the S2F model itself, however, that isn’t the case. The method has been used in the past for other assets like gold and silver, but PlanB was the first to implement it for Bitcoin. In this way, PlanB is the creator of the Bitcoin S2F chart, although not the core concept itself.
As is visible in the above chart, the method has been remarkably close to the real thing in its predictions. although there have been a few points of deviation, the price has always eventually aligned back on the curve.
PlanB Thinks BTC Could Reach $135k By December
At the start of the month, PlanB listed out their Bitcoin targets in a Tweet. Earlier, the analyst had targets of above $47k for August and above $43k for September, both of which the tweet confirms have been met.
Reaching $100k by December will be a make or break moment for the famed price prediction model as the month is only a couple of months away now. At the moment, BTC’s price floats around $47.6k, up 10% in the last seven days.