Plan B Stock-Flow Bitcoin Price Model ‘Predicts $ 100,000 by Christmas’, S2F Creator Discusses ‘Time Model’ – Bitcoin Planet Markets and Prices

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The pseudo-anonymous bitcoin analyst called Plan B has given his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B pointed out on August 27 that the “next few months will be key” because it believes the S2F bitcoin model “predicts $ 100,000 by Christmas.”

“$ 100,000 by Christmas”

Plan B is a popular figure in the bitcoin world, as the pseudo-anonymous analyst is well known for his stock-to-flow (S2F) pricing model. Simply put, the model quantifies the scarcity of the commodity (bitcoin) and then divides it by the annual emission (the flow).

For some time now, Plan B and many other S2F fans have been insisting that if the model is correct, BTC could one day reach $ 100,000 and in the future maybe a million US dollars per coin. . However, in June and July, bitcoin (BTC) prices fell sharply, after reaching a value of over $ 64,000 per unit.

S2F card shared by Plan B on August 27, 2021.

After the price drop, Bitcoin.com News explained that Plan B still believes the “bull is not over” in bitcoin. Following S2F’s latest update, Plan B spoke about their model on August 27 and gave a prediction.

“Bitcoin’s stock-flow model predicts $ 100,000 by Christmas,” Plan B. “Time model (diminishing returns, lengthening cycles) $ 30,000. The next few months will be decisive. Note that the color overlay is a chain signal (no time to halve), indicating that we are between the bottom (blue) and the top (red), in accordance with S2F, ”added the pseudo analyst. anonymous.

The discussion of the time model, the S2F preference of plan B

Benjamin Cowen of Intothecryptoverse.com responded to Plan B’s August 27 tweet and said, “The time model just shows ‘fair value.’ It doesn’t say the price of bitcoin has to be that price at some point in time. . We can move above and below, like we do with the S2F model. “

Plan B responded to Cowen’s statement and said: Of course, the price of BTC can move above and below both patterns.[The] The point is, the BTC price is currently ABOVE the time model, so it doesn’t make sense to expect lower prices if you follow. [the] time model. And [the price of BTC] is LOWER than the S2F model, so it makes sense to expect higher prices if you follow S2F.

Cowen, however, responded by stating:

The extension above the time model in percentage terms shows that we should expect it to eventually extend further than it already has. If we started to expect it to drop the minute it goes above fair value, that would also be irrational.

Plan B has been bullish for a long time and Bitcoin.com News has covered the S2F trajectory and criticism of the model. The creator of the model has often said that BTC will see six-figure prices and he believes the model is on the right track. The pseudo-anonymous analyst regularly tweets about S2F among other bitcoin-related statistics and figures.

Chart shared by Plan B on August 25, 2021.

“No one who bought bitcoin and spent more than 4 years (200 weeks) has ever lost money,” Plan B said last week. “In addition, 200wma and the realized cap (average cost price of all 18.8 million BTC) are at an all time high (ATH).” On August 19, Plan B explains why it prefers the S2F model over the time model and other estimates.

S2F card shared by Plan B on August 19, 2021.

“S2F model: BTC = a * (S2F report) ^ b,” Plan B said. “Time model: BTC = a * (month from January 09) ^ b. Why I prefer the S2F model: [It] tells you when the price increases: after the halves, [has] more robust parameters (a, b), time is not an input variable, S2FX is not a time series, interpolation [is] possible, [and its] usable with other assets, ”added the creator of S2F.

What do you think of the Plan B stock-to-flow update and the $ 100,000 call by Christmas? Let us know what you think of this topic in the comments section below.

Tags in this story Record price, ATH, Benjamin Cowen, Bitcoin, Bitcoin (BTC), Bitcoin price, BTC, BTC price, Bull, Bullish, Charts, forecasts, Intothecryptoverse.com, Million dollars, Plan B, prediction, pseudo analyst -anonymous, S2F predictions, S2F vs Time Model, Six-Digits, stock-to-flow, Stock-to-Flow vs Time Model, Twitter

Image credits: Shutterstock, Pixabay, Wiki Commons

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