PlanB, the creator of the Stock-2-Flow (S2F) model has shared a thought provoking question on his official Twitter account as he weighed in on the plausible reasons for the ongoing bullish momentum. The S2F model which he created can be applied to all investment assets but PlanB is particularly interested in Bitcoin (BTC) which he is optimistic is destined to soar beyond $100,000 in the near term.
PlanB on Plausible Investor Motivation
The renowned market analysts was curious to know whether or not ‘they’ which can mean investors or market bulls are “front running the halving.”
Are they front running the halving .. ? pic.twitter.com/dFP77yZUER
— PlanB (@100trillionUSD) June 21, 2023
Frontrunning is a word in investing that depicts the deep motivation to buy an asset based on a knowledge one has that might fuel the valuation of such asset in the long run. Bitcoin’s halving which PlanB is referring to is a network event that takes place automatically every four years.
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