(PlanB) Plan B’s Bitcoin stock-to-flow pricing model shows that the cryptocurrency’s bull market is far from over.
Plan B, which is the architect of the model, pointed out that the target price for the fourth cycle could be over $100k but could be hit out in three years keeping all other factors constant.
Analysts have observed that the model has been accurate in its prediction over the crypto’s lifespan.
The S2F multiple, a tracker of the crypto’s actual price against prediction, reported a deviation of -0.83 in the methodology to the contrary.
The model which values Bitcoin by looking at the relationship between the production and the available current stocks dates back to March 2019.
BTCUSD is up +1.31%.
