Bitwise Cautions Against Overreliance on Bitcoin’s S2F Model

A leading analyst at Bitwise has raised concerns about the widespread reliance on Bitcoin’s stock-to-flow (S2F) model, warning investors against placing excessive faith in its predictions. While the model forecasts a potential peak price of $222,000 for Bitcoin this cycle, Bitwise argues that this projection may be overly optimistic and lacks grounding in the complexities of market dynamics.