Stock-to-Flow Bitcoin Price Model Criticized as BTC Price Ratio Matches 2019 Statistics – Markets and Prices Bitcoin News

During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said the “next 6 months will be make or break for S2F.” Currently, the S2F model has seemingly run off course and resembles the levels it saw in January 2019.

S2F Skepticism and the ‘Make or Break’ S2F Timespan

There’s some skepticism toward Plan B’s infamous stock-to-flow (S2F) bitcoin price model ever since the closing price in June recorded below the S2F’s projected course. The model’s creator, however, would not necessarily use the terms “off course” but “just touching lower bands.”

Stock-to-Flow Bitcoin Price Model Criticized as BTC Price Ratio Matches 2019 Statistics
Plan B’s price model chart shared on July 1, 2021.

Plan B recently explained his “worst case scenario for 2021,” where he predicts prices to end up being around “Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K.” However, on June 1, Plan B noted that the price was currently below the S2F trajectory.

“June closing price $35,037 .. as far below S2F model as in Jan 2019. Next 6 months will be make or break for S2F (again),” Plan B said.

Others assume that bitcoin is just not getting attention as the media is highlighting the gains made by shiba inu (SHIB), baby doge (BABYDOGE), and dogecoin (DOGE).

“Hard to take bitcoin seriously when the mass media is spouting out articles about dogecoin and shiba inu. We are going to $10,000,” an individual responded to Plan B’s “make or break” tweet. Another individual replied to Plan B’s assessment…

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