In the chart you see three circles (A, B, C) that point to crossing areas between two lines.
A: When the 2 lines (blue and brown) were crossing in 2020 the "real" bull market was starting. This was already predictable end 2019.
B: The yellow and brown lines crossing: This was indicating when the first "peak" will happen. Not a value but an approximate date.
C: The blue an green lines crossing: This was indicating when the second "peak" ATH would happen. Also not a value but a approximate date.
The indicators are very correct. The only problem is how and when to set and read them. The logic behind this and how to interpret this is sometimes not easy.
The problem in this context is also the expectations from people. During the last bull market many people expected that Bitcoin would break 100000 USD.
The expectation was realistic, of course. But only if the wave would have been similar like the 2017-18 bull run.
But in 2020-21 we had 2 peaks. Early and late. If we only had one peak, then BTC would have maybe reached 120000 USD.
Thank you to PlanB for the hysteria ;-) - Anyway, I still trust the S2F model. - so you can unblock me on Twitter
So, whats coming next? Soon the red and the orange line will cross the brown line.