Stok-to-flow is fiction or correct reality? bitcoin price forecast indicator, created by t

Stok-to-flow is fiction or correct reality?

bitcoin price forecast indicator, created by twitter user: Plan B, who claims to be a Dutch investor with management of more than 100 million dollars in assets.
it is a model or system criticized by many and praised by others and it is merely relying on the simplification of supply and demand in contrast to the difficulty of mining, hoping for the halving that occurs every four years.
Basically the model consists of the calculation of a percentage that is obtained by checking the supply against the amount of coins that enters circulation. The higher this figure, the longer it takes to satisfy the demand and this in turn makes the asset scarcer.
advocates of this system compare it to the well-known "Moore Projection," which suggests that the number of transistors doubles every two years.
On the other hand, strong critics say that this is not especially correct, since prices tend to increase before the halving occurs and not after.
but in reality and far from what this or other models may indicate to predict a very optimistic bitcoin price that places them at up to 1 million dollars by 2025, there are also fundamental market factors and even government policies that make the fluctuations are strong and sometimes there are bear markets like the current one. leading us to think that the mere intrinsic fact of scarcity is not enough for a constant increase in price and therefore wealth.