Why the Bitcoin S2F Model May Be Dead Wrong: Institutional Demand Outpaces Halving-Driven Scarcity

The Bitcoin S2F model, which forecasts a cycle peak of $222,000 based on halving-driven scarcity, is criticized by Bitwise analyst André Dragosch for ignoring surging institutional demand from ETFs and treasuries that outweighs supply reductions by over 7x. Key Insights Bitwise’s André Dragosch says the Bitcoin Stock-to-Flow model ignores growing demand and could be wrong. Institutional investors now hold far more Bitcoin than the halving reduced in supply. Analysts argue the model may no longer predict prices in today’s market source: https://voiceofcrypto.online/crypto-news/why-the-bitcoin-s2f-model-may-be-dead-wrong-institutional-demand-outpaces-halving-driven-scarcity