$BTC Bitcoin Stock-to-Flow (S/F) Analysis – April 2025
The S/F Multiple, a key Bitcoin valuation metric, shows that #BTC is still trading below its long-term forecast, with the 463-day multiple remaining under the 1.0 baseline.
🔎 What This Suggests:
Historically, major bull runs began when the S/F multiple dipped near or below 1.
Current conditions mirror previous post-halving setups (2012, 2016, 2020) that led to exponential gains.
Even after the recent price surge, $BTC hasn’t yet entered the “overvalued” zone, according to this model.
🧠 Insight: #bitcoin remains undervalued vs. its S/F projection. If history repeats, this presents a strong asymmetric opportunity. With the April 2024 halving in the rearview, the supply shock is active — now it’s up to demand to follow.
⏳ Conclusion: The setup is in motion. Patience could pay off.