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- Sep 13, 2019
Does 25K invalidate this?View attachment 39002
The S2F model is the only one that imo does a decent job at capturing the behaviour of bitcoin over the past decade.
Buying at a price below the S2F model has historically proven to be a valuable investment.
We're at an interesting price point relative to this model. If the model is indicative of anything, then a bounce is likely soon. If the price goes to 20k level bears are talking about, interestingly the S2F model would break.
So either we see a bounce, or the S2F model is wrong and maybe we could see a breakdown of the entire decade-long structure collapsing to well below 20k.