đŸ”č 2020-2024 Halving Cycle

- Average BTC Price: $34k

- 2019 S2F Prediction: $55k

- Reality Check: Despite falling short of $55k, $34k is impressive considering BTC was below $4k when the prediction was made.

đŸ”č S2F Model Refit with New Data

- 2024-2028 Cycle Projection:

- Average BTC Price: ~$500k

- Possible Peak: $700k

- Potential Leveling Out: $340k

- What This Means: The updated S2F model parameters are still holding strong, with predictions that fit within the expected boundaries.

đŸ”č Key Takeaways

- Bitcoin’s Journey: Despite some deviations, Bitcoin has generally stayed within the S2F model's predictions.

- Future Outlook: As we approach the 2024-2028 cycle, Bitcoin could see significant highs, reinforcing the S2F model’s credibility.

📊 Conclusion

- The S2F model has been a reliable guide for understanding Bitcoin's price movements over halving cycles.

- With projections of $500k+ for the next cycle, Bitcoin's future looks promising within the S2F framework.

đŸ› ïž Investment Strategy

- Stay Informed: Keep an eye on market developments and S2F updates.

- Think Long-Term: Remember that price fluctuations are normal, but the bigger picture remains bullish.

Where do you think Bitcoin is heading next? đŸ€”