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.
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.