Bitcoin Bullish Bias Still Intact: Stock-to-Flow Model

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Creator of popular Bitcoin price analysis model stock-to-flow (S2F), Plan B, has just updated his notorious chart with a dot to represent the recent market performance. Plan B noted earlier today that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013.”

Plan B is an alias for a popular crypto enthusiast on Twitter, who became a public sensation in March 2019, and has been documenting his famous stock-to-flow price model. Plan B’s price model, which is quite similar to technical analysis models like Golden Ratio Multiplier and Logarithmic Growth Curves, has just gotten updated to the stock-to-flow cross-asset (S2FX) model. 

To operate, the model evaluates Bitcoin’s scarcity similarly to scarce assets like gold. Then, it leverages the total Bitcoin in circulation and evaluates it on a yearly issuance basis with reward halvings as well.

At press time, the Bitcoin network’s annual inflation rate is at 1.77% with a circulating supply of 18,723,781 BTC. 

Meanwhile, despite its recent fall of over 53% from its recent all-time high of $64k to $30k over a month, Plan B asserts that the S2FX model is still intact. Also, the analyst noted that the current charts look a lot like that of 2013.

Key Bitcoin Levels to Watch — June 1

Following a healthy rebound from the $34k support, Bitcoin appears to have fallen into consolidation between $37,500 and $36,000. Meanwhile, the benchmark cryptocurrency is trading within a wedge pattern as trading volume wanes.

BTCUSD – Hourly Chart

Considering that BTC has recently gotten rejected from the top end of our wedge, we could see a completion cycle towards the bottom of this region around $35k. 

Nonetheless, our overall bias is currently bullish and sharp moves (upwards and downwards) would get followed by additional upward movements. 

Meanwhile, our resistance levels are at $37,000, $37,500, and $39,500, and our key support levels are at $35,000, $34,200, and $33,000.

Total Market Capitalization: $1.62 trillion

Bitcoin Market Capitalization: $683 billion

Bitcoin Dominance: 42%

Market Rank: #1


You can purchase crypto coins here: Buy Coins

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *