Halving and Stock to Flow is Spurious Correlations

I noticed this video by Dr. Giovanni Santostasi BTC Issuance vs Value and I made a decision to make an analogous graph to independently confirm and it’s appropriate. Inventory to Circulation (S2F) fashions are spurious correlations. I additionally made video that exhibits that at the same time as the quantity of bitcoins issued deceases, there isn't a bounce from this. That is all primarily based off of the reasearch of Dr. Santostasi.

https://preview.redd.it/6tz2862j9aqd1.png?width=7200&format=png&auto=webp&s=821f154da513882cd8057843e20a0e5f2e069f95