The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013.”
S2FX ‘Intact’ Says Plan B
“Plan B,” is a pseudonym leveraged by the Twitter account @100trillionusd and since March 22, 2019, he’s been documenting his popular stock-to-flow (S2F) price model. Similar to the tools and technical analysis models Bitcoin.com News has written about in recent days like the Golden Ratio Multiplier and Logarithmic Growth Curves, Plan B’s model is extremely popular and he recently updated it to the stock-to-flow cross-asset (S2FX) model.
Basically, the model quantifies BTC’s scarcity in a similar fashion to scarce assets like gold. It then leverages the bitcoin in circulation and quantifies it by yearly issuance with reward halvings as well.