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Stock to Flow Model Still Predicts $135K Year-End Bitcoin Price

The popular stock-to-flow model, created by the pseudonymous “PlanB,” has been pretty accurate in predicting Bitcoin prices so far.

The brainchild behind the model has stated that the mid-cycle average should be around $100K per BTC. The cycles are taken between each halving event, the last being in May 2020 and the next in May 2024, about 900 days away.

He added that prices should be above that average now, but his floor model predicts $135K for a single BTC by the end of the year, which is in line with the S2F model.

Read more:  Bitcoin Stalls at $46K as Solana Breaks $70 Following 90% Weekly Surge (Market Watch)

Wild Bitcoin Price Predictions

The prediction model was originally published in March 2019. It explores the relationship between the supply production and the current stock available, essentially calculating Bitcoin’s value through scarcity.

In June, CryptoPotato reported that the author predicted Bitcoin would be at $98K by November before pushing to $135K to end the year. In reality, the asset is well below that level at the moment, hitting an all-time high of $69K on Nov 10.

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When asked if he was still confident about that $98K November prediction, the analyst replied:

BTC Current Outlook

Bitcoin has recovered a little from its leveraged trader-induced crash to $63K on Thursday. It is currently consolidating a little above that level, trading flat on the day at $65,000 at the time of writing, according to CoinGecko.

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