Bitcoin Stock-to-Flow (S2F) model update. In 2013 the red dots had trouble crossing ...

... the $100 level, in 2016-2017 the red dots had trouble crossing the $1,000 level. Seems to be similar now with $10,000. We are perfectly on track.

This is the 2019 time series model on historical BTC data only (no gold, silver, diamonds, real estate data used). You see the jump in model value at the halving (white line) and a corresponding drop in S2F multiple / model error (white dots).

Time to go up