📈 Bitcoin Stock-to-Flow Model

What is Stock-to-Flow? ×

The Stock-to-Flow (S2F) model, created by analyst PlanB, predicts Bitcoin's price based on its scarcity. It calculates the ratio of existing supply (stock) to annual new production (flow). As Bitcoin goes through halvings every 4 years, its flow decreases by 50%, dramatically increasing the S2F ratio. The model uses the formula: Price = 0.18 × (S/F)^3.3, which has historically shown a 95% correlation with Bitcoin's last traded price movements.

This chart displays 12+ years of Bitcoin price data alongside S2F predictions, marking all halving events (2012, 2016, 2020, 2024). The model suggests Bitcoin's price follows its scarcity dynamics, similar to precious metals like gold and silver.