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s2f

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CryptoSighted
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Članek
「PlanB 的 $BTC 预测模型,现在还算数吗?」PlanB,加密圈最有名的匿名分析师之一。 他的 S2F 模型(Stock-to-Flow)曾经精准预测了 $BTC 的多轮价格走势,一度被奉为"最靠谱的比特币估值工具"。 但现在,2026 年,这套模型给出的预测价格是:当前减半周期(2024–2028)平均价约 50 万美元。 而比特币今天的价格,大概在 8 万多。 所以问题来了:这个模型,还成立吗? 先说 S2F 是什么: Stock-to-Flow,直译是"库存与流量之比"。 逻辑很简单:一种资产越稀缺,价格越高。黄金的 S2F 很高,因为每年新增供应量占总量比例极小;比特币有减半机制,每四年矿工奖励减半,S2F 持续上升。 PlanB 把这套稀缺性逻辑量化成一条模型曲线,然后发现——历史上比特币的价格走势,和这条曲线的拟合度高得惊人。 它曾经有多准? 看图就知道。 2011 年到 2020 年,比特币的价格走势(彩色点)几乎全程贴着 S2F 模型的虚线边缘游走——涨的时候超出,跌的时候回归,下一个周期的底部,往往就是上一个周期 S2F 模型的预测值。 这个准确度,在 2019、2020 年让无数人信服。 然后它开始出问题: 2021 年,S2F 模型预测比特币应该达到约 10 万美元。 最终的结果:69,000 美元。 不是完全错,但明显偏高,而且 2022 年的大熊市比模型预期的下探幅度要深得多。 到了本轮(2024–2028),S2F 给出的平均价大约是 50 万美元。 我们现在的价格:8 万左右。 你自己判断。 那这张图上,还有什么是有效的? 即使你不相信 S2F,这张图上还有两条线值得认真对待: ① 200 周移动均线(黑线) 历史上,每一次比特币的熊市底部,都没有跌破这条线。一次都没有。 它不告诉你价格会到哪里,但它告诉你"这里是地板"。 ② 已实现价格(灰线) 代表所有比特币持仓者的平均成本。价格跌破已实现价格,意味着市场整体亏损——历史上这种情况发生时,往往是最好的买入机会之一。 目前这两条线都在 4–5 万美元区间附近,对当前价格形成支撑。 我的判断: S2F 作为"精确价格预测工具",我认为大概率已经失效了。 它高估了稀缺性对价格的驱动作用,低估了宏观流动性、监管政策、市场情绪对短中期价格的影响。比特币不是黄金,它还没有脱离风险资产的属性,所以不能用纯稀缺性模型来定价。 但 S2F 有一件事是对的:比特币的长期价格中枢,确实在随着每次减半向上移动。 只是移动的速度,没有模型说的那么快。 🔔 关注我,持续更新比特币链上指标与周期分析。 👉 觉得这篇分析有价值,点赞收藏,让更多人看到不一样的观点。 {spot}(BTCUSDT) ⚠️ 图表来源:PlanB(planbtc.com)。以上内容仅为个人观点,不构成任何投资建议,市场有风险,入场需谨慎。 #比特币 #BTC #PlanB #S2F #加密货币 #链上分析 #比特币价格 #减半 #周期理论 #技术分析 #比特币分析 #牛市 #加密投资 #200周均线 #币圈

「PlanB 的 $BTC 预测模型,现在还算数吗?」

PlanB,加密圈最有名的匿名分析师之一。
他的 S2F 模型(Stock-to-Flow)曾经精准预测了 $BTC 的多轮价格走势,一度被奉为"最靠谱的比特币估值工具"。

但现在,2026 年,这套模型给出的预测价格是:当前减半周期(2024–2028)平均价约 50 万美元。
而比特币今天的价格,大概在 8 万多。
所以问题来了:这个模型,还成立吗?
先说 S2F 是什么:
Stock-to-Flow,直译是"库存与流量之比"。
逻辑很简单:一种资产越稀缺,价格越高。黄金的 S2F 很高,因为每年新增供应量占总量比例极小;比特币有减半机制,每四年矿工奖励减半,S2F 持续上升。
PlanB 把这套稀缺性逻辑量化成一条模型曲线,然后发现——历史上比特币的价格走势,和这条曲线的拟合度高得惊人。
它曾经有多准?
看图就知道。
2011 年到 2020 年,比特币的价格走势(彩色点)几乎全程贴着 S2F 模型的虚线边缘游走——涨的时候超出,跌的时候回归,下一个周期的底部,往往就是上一个周期 S2F 模型的预测值。
这个准确度,在 2019、2020 年让无数人信服。
然后它开始出问题:
2021 年,S2F 模型预测比特币应该达到约 10 万美元。
最终的结果:69,000 美元。
不是完全错,但明显偏高,而且 2022 年的大熊市比模型预期的下探幅度要深得多。
到了本轮(2024–2028),S2F 给出的平均价大约是 50 万美元。
我们现在的价格:8 万左右。
你自己判断。
那这张图上,还有什么是有效的?
即使你不相信 S2F,这张图上还有两条线值得认真对待:
① 200 周移动均线(黑线)
历史上,每一次比特币的熊市底部,都没有跌破这条线。一次都没有。
它不告诉你价格会到哪里,但它告诉你"这里是地板"。
② 已实现价格(灰线)
代表所有比特币持仓者的平均成本。价格跌破已实现价格,意味着市场整体亏损——历史上这种情况发生时,往往是最好的买入机会之一。
目前这两条线都在 4–5 万美元区间附近,对当前价格形成支撑。
我的判断:
S2F 作为"精确价格预测工具",我认为大概率已经失效了。
它高估了稀缺性对价格的驱动作用,低估了宏观流动性、监管政策、市场情绪对短中期价格的影响。比特币不是黄金,它还没有脱离风险资产的属性,所以不能用纯稀缺性模型来定价。
但 S2F 有一件事是对的:比特币的长期价格中枢,确实在随着每次减半向上移动。
只是移动的速度,没有模型说的那么快。
🔔 关注我,持续更新比特币链上指标与周期分析。
👉 觉得这篇分析有价值,点赞收藏,让更多人看到不一样的观点。

⚠️ 图表来源:PlanB(planbtc.com)。以上内容仅为个人观点,不构成任何投资建议,市场有风险,入场需谨慎。
#比特币 #BTC #PlanB #S2F #加密货币 #链上分析 #比特币价格 #减半 #周期理论 #技术分析 #比特币分析 #牛市 #加密投资 #200周均线 #币圈
【考察】S2Fモデルならビットコインは今頃50万ドル? 🚀📉 ストック・トゥ・フロー(S2F)モデルに基づけば、BTCは現在50万ドルに達しているはずとの声。 ■ポイント ✅ これまでの正確性:過去のサイクルでは驚異的な的中率 ✅ 現状:7万ドルを下回る停滞 ✅ 議論:モデルの限界か、あるいは「強気相場」の前兆か? 「理論上」と「現実」の乖離をどう見るか。皆さんはどう思いますか?💬$$BTC #bitcoin #BTC #S2F #ビットコイン #仮想通貨 #投資
【考察】S2Fモデルならビットコインは今頃50万ドル? 🚀📉
ストック・トゥ・フロー(S2F)モデルに基づけば、BTCは現在50万ドルに達しているはずとの声。
■ポイント
✅ これまでの正確性:過去のサイクルでは驚異的な的中率
✅ 現状:7万ドルを下回る停滞
✅ 議論:モデルの限界か、あるいは「強気相場」の前兆か?
「理論上」と「現実」の乖離をどう見るか。皆さんはどう思いますか?💬$$BTC
#bitcoin #BTC #S2F #ビットコイン #仮想通貨 #投資
$BTC — S2F MODEL VALIDATED: $500K TARGET CONFIRMED 💎 PlanB's enduring S2F model points to significant upside, positioning Bitcoin for an unprecedented cycle average. DIRECTION: LONG | TIMEFRAME: 1D ⏳ STRATEGIC ENTRY : 67000 💎 GROWTH TARGETS : 500000 🏹 RISK MANAGEMENT : 65000 🛡️ INVALIDATION : 60000 🚫 RR RATIO : 2.5 📊 * INSTITUTIONAL DEMAND IS CRUSHING SUPPLY POST-HALVING. * ORDERFLOW INDICATES ACCUMULATION AT KEY LEVELS, IGNORING MINOR DIPS. * LIQUIDITY IS POISED TO FLOOD IN AS SCARCITY MECHANISMS TAKE HOLD. State your targets below. Let the smart money flow. 👇 Follow for institutional-grade Binance updates. Early moves only. Disclaimer: Digital assets are volatile. Risk capital only. DYOR. #Binance #BTC #S2F {future}(BTCUSDT)
$BTC — S2F MODEL VALIDATED: $500K TARGET CONFIRMED 💎
PlanB's enduring S2F model points to significant upside, positioning Bitcoin for an unprecedented cycle average.
DIRECTION: LONG | TIMEFRAME: 1D ⏳

STRATEGIC ENTRY : 67000 💎
GROWTH TARGETS : 500000 🏹
RISK MANAGEMENT : 65000 🛡️
INVALIDATION : 60000 🚫
RR RATIO : 2.5 📊

* INSTITUTIONAL DEMAND IS CRUSHING SUPPLY POST-HALVING.
* ORDERFLOW INDICATES ACCUMULATION AT KEY LEVELS, IGNORING MINOR DIPS.
* LIQUIDITY IS POISED TO FLOOD IN AS SCARCITY MECHANISMS TAKE HOLD.

State your targets below. Let the smart money flow. 👇

Follow for institutional-grade Binance updates. Early moves only.
Disclaimer: Digital assets are volatile. Risk capital only. DYOR.
#Binance #BTC #S2F
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Bikovski
The Road to 2028: How the Next Halving Impacts Today’s $BTC {spot}(BTCUSDT) Value While we are still two years away, the #2028 Bitcoin Halving is already beginning to influence long-term valuation models. Supply Dynamics: In April 2028, the block reward will drop from 3.125 BTC to 1.5625 BTC. This will reduce the annual inflation rate of $BTC  to approximately 0.4%, making it significantly scarcer than gold (which has an annual supply growth of ~1.5–2%).The "Front-Running" Effect: Historically, institutional investors begin pricing in the supply shock 18–24 months in advance. Analysts suggest that the current 2026 consolidation is the "accumulation floor" for the 2028 cycle.Stock-to-Flow (#S2F ) Projections: Following the 2028 halving, the S2F ratio for #Bitcoin will double, theoretically placing its market value in the $300k–$500k range by 2029 if the model holds.Mining Economics: For miners to remain profitable at 1.5625 BTC per block, @Bitcoinworld must maintain a price significantly above current levels or see a massive increase in transaction fees (Layer 2 utility). #MetaPlansLayoffs
The Road to 2028: How the Next Halving Impacts Today’s $BTC
Value
While we are still two years away, the #2028 Bitcoin Halving is already beginning to influence long-term valuation models.
Supply Dynamics: In April 2028, the block reward will drop from 3.125 BTC to 1.5625 BTC. This will reduce the annual inflation rate of $BTC  to approximately 0.4%, making it significantly scarcer than gold (which has an annual supply growth of ~1.5–2%).The "Front-Running" Effect: Historically, institutional investors begin pricing in the supply shock 18–24 months in advance. Analysts suggest that the current 2026 consolidation is the "accumulation floor" for the 2028 cycle.Stock-to-Flow (#S2F ) Projections: Following the 2028 halving, the S2F ratio for #Bitcoin will double, theoretically placing its market value in the $300k–$500k range by 2029 if the model holds.Mining Economics: For miners to remain profitable at 1.5625 BTC per block, @Bitcoinworld must maintain a price significantly above current levels or see a massive increase in transaction fees (Layer 2 utility). #MetaPlansLayoffs
Análise Técnica: O Modelo Stock-to-Flow e o "Supply Squeeze" de 2026 Muitos se perguntam: "Por que o preço sobe se ainda falta 1 milhão de moedas?". A resposta está no Stock-to-Flow (S2F), o modelo que mede a escassez de um ativo. O que é o S2F? Ele calcula a relação entre o estoque existente (Stock) e a produção anual de novas moedas (Flow). Quanto maior o número, mais escasso é o ativo. O Cenário de Hoje (20.000.000 BTC): Com 95,24% do suprimento minerado, o "estoque" é imenso, mas o "fluxo" (novas moedas) nunca foi tão baixo. O tempo de emissão do milhão restante foi esticado por décadas devido aos últimos halvings. O Choque de Escassez: Historicamente, o ouro tem um S2F alto (em torno de 60). Com o marco de hoje e a redução programada da recompensa, o Bitcoin solidifica um S2F que supera o do ouro. Isso significa que o Bitcoin é agora oficialmente o ativo mais escasso do planeta. Impacto no Preço: O modelo S2F indica que, quando a nova oferta cai bruscamente (como está acontecendo agora na reta final), o preço tende a se ajustar para cima para equilibrar a demanda crescente. Não estamos apenas negociando uma moeda; estamos negociando a escassez matemática. Conclusão para Traders: O valor do Bitcoin não vem do que já foi minerado, mas da dificuldade extrema de se conseguir o que resta. Com apenas 1 milhão de moedas disponíveis para os próximos 114 anos, o mercado está precificando a impossibilidade de inflação. A matemática não mente: Ouro Digital > Ouro Físico. 📈🚀 #StockToFlow #S2F #BitcoinTechnicalAnalysis #TradingStrategy #BinanceSquare $BTC {spot}(BTCUSDT)
Análise Técnica: O Modelo Stock-to-Flow e o "Supply Squeeze" de 2026
Muitos se perguntam: "Por que o preço sobe se ainda falta 1 milhão de moedas?". A resposta está no Stock-to-Flow (S2F), o modelo que mede a escassez de um ativo.
O que é o S2F?
Ele calcula a relação entre o estoque existente (Stock) e a produção anual de novas moedas (Flow). Quanto maior o número, mais escasso é o ativo.
O Cenário de Hoje (20.000.000 BTC): Com 95,24% do suprimento minerado, o "estoque" é imenso, mas o "fluxo" (novas moedas) nunca foi tão baixo. O tempo de emissão do milhão restante foi esticado por décadas devido aos últimos halvings.
O Choque de Escassez:
Historicamente, o ouro tem um S2F alto (em torno de 60). Com o marco de hoje e a redução programada da recompensa, o Bitcoin solidifica um S2F que supera o do ouro. Isso significa que o Bitcoin é agora oficialmente o ativo mais escasso do planeta.
Impacto no Preço:
O modelo S2F indica que, quando a nova oferta cai bruscamente (como está acontecendo agora na reta final), o preço tende a se ajustar para cima para equilibrar a demanda crescente. Não estamos apenas negociando uma moeda; estamos negociando a escassez matemática.
Conclusão para Traders: O valor do Bitcoin não vem do que já foi minerado, mas da dificuldade extrema de se conseguir o que resta. Com apenas 1 milhão de moedas disponíveis para os próximos 114 anos, o mercado está precificando a impossibilidade de inflação.
A matemática não mente: Ouro Digital > Ouro Físico. 📈🚀
#StockToFlow #S2F #BitcoinTechnicalAnalysis #TradingStrategy #BinanceSquare
$BTC
This is the Stock-to-Flow (S2F) model by @100trillionUSD, calculating scarcity of Bitcoin, which has historically done a decent job at calling tops, and in some cases, bottoms for #Bitcoin. The key metric here is the model variance, when it goes above 1.5, it typically marks a cycle top. Variance measures how far #BTC’s actual price deviates (above or below) from the model’s projected value. Right now, the model's suggested price is around $338K, which means for variance to exceed 1.5, BTC would need to reach slightly above $500K. That might sound unrealistic, and maybe it is. But the same was said in 2013, 2017, and even 2019, when BTC far exceeded expectations, often doing 1.5x of what the model suggested. Still, we need to stay rational, this is just one model. It might hold up this cycle, or it might break. #cryptouniverseofficial #S2F
This is the Stock-to-Flow (S2F) model by @100trillionUSD, calculating scarcity of Bitcoin, which has historically done a decent job at calling tops, and in some cases, bottoms for #Bitcoin.

The key metric here is the model variance, when it goes above 1.5, it typically marks a cycle top. Variance measures how far #BTC’s actual price deviates (above or below) from the model’s projected value.

Right now, the model's suggested price is around $338K, which means for variance to exceed 1.5, BTC would need to reach slightly above $500K.

That might sound unrealistic, and maybe it is. But the same was said in 2013, 2017, and even 2019, when BTC far exceeded expectations, often doing 1.5x of what the model suggested.

Still, we need to stay rational, this is just one model. It might hold up this cycle, or it might break.
#cryptouniverseofficial #S2F
New Bitcoin S2F Model (Stock-to-Flow) tool is currently under development and will be released later on this month as an interactive chart with screenshotting capabilities. S2F is a price model that forecasts Bitcoin's value by assessing its scarcity, calculating the ratio between its existing supply and annual production rate. #s2f #stocktoflow #bitcoins2f
New Bitcoin S2F Model (Stock-to-Flow) tool is currently under development and will be released later on this month as an interactive chart with screenshotting capabilities.

S2F is a price model that forecasts Bitcoin's value by assessing its scarcity, calculating the ratio between its existing supply and annual production rate.

#s2f #stocktoflow #bitcoins2f
$BTC — PLANB'S S2F MODEL SIGNALS MASSIVE UPSIDE POTENTIAL 💎 The classic Stock-to-Flow model is diverging dramatically, suggesting BTC is severely undervalued with a parabolic price discovery event on the horizon. DIRECTION: LONG | TIMEFRAME: 1D ⏳ STRATEGIC ENTRY : 67000 💎 GROWTH TARGETS : 500000 🏹 RISK MANAGEMENT : 60000 🛡️ INVALIDATION : 55000 🚫 RR RATIO : 8.33 📊 THE ALPHA THESIS: * MODEL DIVERGENCE: PlanB's updated S2F model is projecting an average cycle price of $500,000 USD, creating a significant gap with current price action. * LIQUIDITY GRAB IMMINENT: The current $67,000 price point represents a potential generational buying opportunity, indicating severe undervaluation by the model. * INSTITUTIONAL DEMAND SHIFT: If the S2F model's core assumptions are eroding, macro demand is now the sole driver, suggesting a potential re-rating of BTC's intrinsic value. State your targets below. Let the smart money flow. 👇 Follow for institutional-grade Binance updates. Early moves only. Disclaimer: Digital assets are volatile. Risk capital only. DYOR. #Binance $BTC #S2F #Crypto {future}(BTCUSDT)
$BTC — PLANB'S S2F MODEL SIGNALS MASSIVE UPSIDE POTENTIAL 💎
The classic Stock-to-Flow model is diverging dramatically, suggesting BTC is severely undervalued with a parabolic price discovery event on the horizon.

DIRECTION: LONG | TIMEFRAME: 1D ⏳

STRATEGIC ENTRY : 67000 💎
GROWTH TARGETS : 500000 🏹
RISK MANAGEMENT : 60000 🛡️
INVALIDATION : 55000 🚫
RR RATIO : 8.33 📊

THE ALPHA THESIS:
* MODEL DIVERGENCE: PlanB's updated S2F model is projecting an average cycle price of $500,000 USD, creating a significant gap with current price action.
* LIQUIDITY GRAB IMMINENT: The current $67,000 price point represents a potential generational buying opportunity, indicating severe undervaluation by the model.
* INSTITUTIONAL DEMAND SHIFT: If the S2F model's core assumptions are eroding, macro demand is now the sole driver, suggesting a potential re-rating of BTC's intrinsic value.

State your targets below. Let the smart money flow. 👇

Follow for institutional-grade Binance updates. Early moves only.
Disclaimer: Digital assets are volatile. Risk capital only. DYOR.
#Binance $BTC #S2F #Crypto
The $222K target is ON THE MAP ! 🚀 Bitwise analyst reminds us to be "cautious" of the Stock-to-Flow model, but the scarcity math still points to massive upside for #Bitcoin this cycle. Smart investors know the potential and the risk ! ​#BTC #S2F
The $222K target is ON THE MAP ! 🚀

Bitwise analyst reminds us to be "cautious" of the Stock-to-Flow model, but the scarcity math still points to massive upside for #Bitcoin this cycle. Smart investors know the potential and the risk !
#BTC #S2F
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