Short-term noise. Long-term signal.
If in doubt, zoom out.
#Bitcoin doesn’t care about your emotions, it runs on math
One of the clearest ways to see this is through the Stock-to-Flow (S2F) model.
What is it?
The stock-to-flow ratio measures scarcity:
Stock = the existing supply of Bitcoin in circulation.
Flow = the new supply of Bitcoin mined each year.
Every ~4 years, the halving event cuts the flow in half, making Bitcoin scarcer over time.
📈 The result?
Bitcoin’s issuance schedule becomes more predictable than any other asset in history. This predictable scarcity is what drives the long-term adoption and price appreciation you see when you zoom out on the chart.
Markets will always have noise, headlines, price swings, and speculation.
But Bitcoin’s signal remains the same: fixed supply, increasing scarcity, unstoppable math.