Analyst: Bitcoin price surpasses S2F, or hints at uptrend in coming weeks

Cryptocurrency commentator PlanB said on Twitter today that the price of Bitcoin has exceeded the S2F (stock-to-flow ratio) value, a development that may hint at an upward trend in the coming weeks. It is reported that the S2F ratio is used to measure the scarcity of assets and their appreciation valuation over time. The model also predicts that after halving the market value of Bitcoin this year, the market value of Bitcoin will reach about $ 1 trillion, which means that the price of Bitcoin in May will reach $ 55,000.