🔹 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.
🔹 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.
🔹 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.
🛠️ 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? 🤔
