- PlanB tweeted news that BTC/USD is now the furthest away from his S2F model in two years.
- Bitcoin has been unable to gain back previous growth rates following its crash in May
- The stock-to-flow model is extremely popular for its accurate predictions.
PlanB announced on July 1 in a tweet that BTC/USD is now the furthest away from his stock-to-flow model’s estimates in over two years.
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). pic.twitter.com/W3TM5sOAwY— PlanB (@100trillionUSD) July 1, 2021
The bitcoin analyst noted, “Next 6 months will be make or break for S2F (again).”
Post May’s huge capitulation event, Bitcoin price action has been unable to regain los...
This article was first published on coinquora.com