The post Bitcoin Stock-to-Flow Model Predicts $100,000 appeared first on Coinpedia Fintech News
The Stock-to-Flow (S2F) model, a popular analytical tool used to forecast Bitcoin’s price, highlights scarcity as a key driver of value based on Bitcoin’s halving events, which reduce the rate at which new coins are created. As of September 11, 2024, the S2F model projects that Bitcoin will reach a price target of approximately $100,704. This model suggests a significant increase in Bitcoin’s value, aligning with its reduced supply and increased scarcity following the fourth Bitcoin halving event.