Even if you hate the logic behind Stock-to-Flow, it's hard to argue the results
Bitcoin just keeps doing bitcoin things
There are some out there who question the stock-to-flow model, myself included.
They question whether the inputs really can predict the future price...
However, it's pretty tough to argue the results:
(Source: https://twitter.com/ChartsBtc/status/1278341822415138816)
The stock-to-flow model has been over 90% accurate to date.
That may not hold true going forward, but until we see it start to break down it's pretty tough to not keep believing what it is saying.
It's pretty hard to imagine a BTC price of $280k or so by 2024 though...
Stay informed my friends.
-Doc