Why Bitcoin can hit $160K in the next bull run

The S2F timeline for the next rally peak is expected to take place between 2024 and 2025.cycle peaks and bottoms with little to no accuracy. PlanB’s stock to flow model is perhaps one of the classic examples of a highly publicized strategy.Unfortunately, PlanB’s S2F model failed to accurately predict the market top in 2021. But could there be a more accurate version of the stock to flow model?

Well, CryptoQuant analyst Gigi Sulivan recently conducted an S2F analysis of Bitcoin. It might offer some clarity about what to expect before, during and after the next Bitcoin halving.According to Gigi Sulivan’s analysis, BTC’s S2F chart registers a spike during each halving. A bull run has historically taken place after each halving, leading to a new peak, followed by a bear market.might be on the cards if it maintains characteristics similar to those observed during previous halving events.

But is the predicted price for the next cycle really attainable? Well, some past predictions have much higher expectations regarding Bitcoin’s price in the future. For example, some believe that Bitcoin might be worth over $1 million in the future. This means the prediction based on this S2F analysis is a bit more attainable, especially in the near term.

Bitcoin will need a lot of liquidity to push into the predicted prices. Fortunately, this prediction aligned with some interesting market observations.for BTC has recovered significantly in the last few months. In addition, multiple Bitcoin ETFs were pending approval at press time. They might supercharge BTC’s ascent in the months leading to the halving next year.

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