PlanB, one of the most well-known analysts in the crypto industry, thinks that if the “stock-to-flow” (S2F) model is realized, the price of bitcoin will exceed $100,000 by 2023.
Bitcoin price deviated a bit after the third bitcoin halving, 2021 again in January S2F got the model.
After catching the pattern, the bitcoin price diverged again and has since of the S2F model remained under. last year bitcoin in may approximate price 44% is said to be one of the biggest reasons for this divergence.
Bitcoin rallied again in November 69 thousand Although it reached the level of the model, it could not reach the model. In order for the Bitcoin price to regain the pattern 100,000 dollars should be reached.
Your price 69 thousand dollars again after reaching 32 thousand dollars The decline to levels has caused many investors to think that the S2F model is not working. However, on February 14, PlanB made a statement on Twitter. in sharing reach $100,000 Many investors stated that they thought it would come true when it was shown on a different chart.
