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18722533

>>18722513
Conclusion

In this article I solidify the basis of the current S2F model by removing time and adding other assets (silver and gold) to the model. I call this new model the BTC S2F cross asset (S2FX) model. S2FX model enables valuation of different assets like silver, gold and BTC with one formula.

I have explained the concept of phase transitions. Phase transitions introduce a new way of thinking about BTC and S2F. It led me to the S2FX model.

S2FX model formula has a perfect fit to the data (99.7% R2).

S2FX model estimates a market value of the next BTC phase/cluster (BTC S2F will be 56 in 2020–2024) of $5.5T. This translates into a BTC price (given 19M BTC in 2020–2024) of $288K.

Solidifying known facts from the original S2F study, the S2FX model offers a new way of thinking about BTC transitioning into the fifth phase.

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