FYI: I still believe that bitcoin average price will be ~$0.5m this halving cycle (2024-2028).Note that S2F prediction is very rough (obviously because the prediction is made only using scarcity/S2F-ratio) with a $0.25m-$1m range (so $0.3m or $0.6m average would also be fine).PlanB (@100trillionUSD):Average bitcoin price 2020-2024 halving cycle was $34k. A bit below 2019 S2F prediction of $55k, but still in normal range and not bad given BTC<$4k when prediction was made. Refit of S2F with new data (below) s ...

RT Adam Back (@adam3us)@bradmillscan @saylor or alternatively it could be a transition period for a parabolic break out! 🟩🟩🟩🟩 where the S-cuver gets steeper, invalidating "diminishing return" theory, and breaking power-law, and then s2f models to the upside. that's my what-if anyway. ...