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July 2020

S2F Bitcoin Price Prediction Model as Accurate as Astrology, Says Exec

By | blog

Prominent members of the crypto community continue to express skepticism over the stock-to-flow, or S2F, chart, a Bitcoin (BTC) price prediction model recently revised by analyst PlanB. Nico Cordeiro, Chief Investment Officer (CIO) at crypto quant fund Strix Leviathan, called S2F a “chameleon,” a term from Stanford professor Paul Pleifderer describing models built upon dubious assumptions. “The model’s accuracy will likely be about as successful at forecasting Bitcoin’s future price as the astrological models of the past were at predicting financial outcomes,” Cordeiro said. Revisions to past models As reported on June 1 that PlanB had updated its signature chart, making it seem

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