Inventor of Famous Bitcoin Model Announces July and Year-End BTC Targets

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The Stock Flow (S2F) Model, designed by master analyst PlanB, is considered to be a model that accurately predicts the price of BTC in the market. The analyst has released a new update on the S2F model, which indicates that Bitcoin will reach $ 100,000 by a mega rally by the end of the year.

Stock Flow (S2F) Model marks $ 100K in Bitcoin by the end of the year

June was a very interesting month for Bitcoin price. The leading cryptocurrency ranged from $ 9,000 to $ 10,000, and a move above or below these regions was short-lived. PlanB recently shared the latest update of the Stock Flow Model, which shows that a large bull market is expected to begin in July. In a tweet posted on July 1, the analyst confirmed that the second red dot showing the bull flow is now available in the model.

It is worth noting that PlanB's model uses colored dots to find the price of BTC until the next halving. Red spots in particular appeared historically before exponential growth in Bitcoin price. Based on the model, the next crazy rally looks on the horizon and suggests that BTC will hit $ 100,000 before the end of this year. According to the analyst, until the next halving, BTC should be on average $ 288,000 per cryptocurrency. According to PlanB, the first red spot is the closing price of June. The second is today's price and will definitely change and will be fixed to the closing price of July.

 

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Is the Stock Flow Model fatally faulty?

It is noteworthy that the model quickly gained popularity among crypto enthusiasts, including Blockstream CEO Adam Back. Adam Back adds:

THIS IS A TESTED TEST ACCORDING TO HISTORICAL DATA. WHAT DOES NOT BELIEVE? WHAT IS MORE INTERESTING IS INTERPRETATION OF THE REASON WHEN GOOD ADAPTATION. It seems logical that SUBMISSION OF THE SUPPLY TENDER TO INCREASE PRICES IF THE OTHER THINGS ARE EQUAL.

However, the model still has critics, including Ethereum co-founder Vitalik Buterin. The latest expert in criticizing the Stock Flow Model is Strix Levitan's IT Director and Fund Manager Nico Cordeiro. Nico Cordeiro on June 30, "A Chameleon Model: Why Bitcoin's Stock Flow Model is Deadly Flawed?" published a detailed article titled. Nico Cordeiro states that gold has not had a direct relationship with the Stock Flow Model in the past 100 years.

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PlanB: Ignore those who criticize the model!

The fund manager also argues that the S2F model's estimation of $ 235 million per BTC by 2045 made it unreasonable, arguing that the analyst was a marketing tactic he was trying to convince investors that Bitcoin would be much more valuable. PlanB told its followers that it was “fatally flawed” and that they should not consider S2F critics trying to discredit the model, claiming that it aims to “trigger FOMO”.

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