PlanB’s Bitcoin S2F model has been invalidated with its next target of $ 38,000 to $ 40,000

The Bitcoin Stock-to-Flow (S2F) model expired when the price closed below $ 100,000 in 2021, but PlanB is maintaining its bullish bias.

PlanB assumes that despite the failed price prediction model, S2F will remain intact.

“Bitcoin will rise to the $ 50,000 to $ 200,000 price range by 2024. We’re close to the 50,000 mark, the current high is $ 69,000, and we’re likely to hit $ 200,000 before that (2024 in 2024) ”.

PlanB changed its forecast and asked users to wait another two and a half years before S2F fully expires.

“If Bitcoin stays in the 1sd (standard deviation) band for the next 2.5 years, then the S2F model is still valid and really useful to me. Of course you should make your own decisions. ”

Plan B’s S2F has been deactivated criticize heavily weighted by Dave The Wave, a crypto analyst and educator.

“It’s over. S2F – ‘Serious Price Prediction’ model has been invalidated. That’s not to say it didn’t work, and some people may continue to use it as a meme.”

With Bitcoin price continuing its downtrend, analyst “RNB” has a target of between $ 38,000 and $ 40,000 by mid-January 2022.

https://twitter.com/CryptoWarrior01/status/1477056078605082629?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
“Bitcoin goes into the new year without the bulls forming. The OBV (equilibrium volume) tends to decrease. MACD bullish divergence from previous downtrend but more downside is expected. The 7 day MA also acts as a resistance. $ 38.40,000 in mid-January – then to the moon. “

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