Bitcoin (BTC) now nearly perfectly aligns with the historically accurate price chart, which has charted its growth from pennies to digital gold.

According to information from Digitalik, a resource that monitors Bitcoin'south position relative to the Stock-to-Flow model, as of Jan. 20, BTC/USD is exactly where information technology should be.

$8.6K Bitcoin sticks rigidly to forecasts

Stock-to-Menstruation measures the Bitcoin price using two factors: the stock — the number of Bitcoins in circulation — and the flow, which is the number of new Bitcoins inbound circulation.

Bitcoin's low emission rate relative to its existing supply — like gold — means Stock-to-Flow constitutes useful evidence in the argument that Bitcoin is "digital aureate."

The cryptocurrency's run-up to $9,000 last week took it slightly over where Stock-to-Flow pricing forecasts suggested it might trade.

Bitcoin price versus Stock-to-Flow

Bitcoin price versus Stock-to-Menses. Source: Digitalik/ PlanB

At printing time, yet, BTC/USD traded at $viii,680 — only $150 above the forecasts.

BTC on rails for $100,000 in 2022

As Cointelegraph previously reported, Stock-to-Catamenia's creator, the analyst known as PlanB, originally suggested that Bitcoin would hover at an boilerplate of in the year before its block reward halving in May 2022.

At that signal, a 50% reduction in the number of new Bitcoins released to miners each block would further limit the menstruum versus the existing stock. Thereafter, he has said, toll performance should accelerate dramatically — past 2022, a single Bitcoin should be worth around $100,000.

In 2022, BTC/USD only temporarily diverged from Stock-to-Flow as information technology hit $13,800, only to fall below expectations for a similarly brief period in December.