BTCUSDT Analysis by @PlanB_Bitcoin

The analysis centers on a Stock-to-Flow model applied to Bitcoin, emphasizing a logarithmic price scale for long-term trend analysis. The model suggests a stepwise upward progression in price, with each step being ten times the previous. Bitcoin's price data is overlaid against this stepped model with color coding according to distance of next halving, and a band of error representing a deviation from the model's expected value. The presenter stresses that everything before 2017 has little relevance as price data. The target of 1 million is implied based on the S2F model showing it as the next step, a failure of the analysis can be inferred if price goes below 32000, based on recent lows. This video does not mention any specific timeframe but the model it is based on is mostly used in long term investments.