With S2F in the rearview, the live power-law channel indicates that BTC is roughly 20% below fair value, but ETF flows could push it to either extreme ... That leaves S2F as a scarcity narrative rather than a forecasting model.
The Bitcoin S2F model has long been a fascinating, and often cited, tool for predicting the cryptocurrency’s future price movements ...Understanding the Bitcoin S2F Model ... Beyond the S2F Model.