Crypto expert Charles Edwards presented an analysis indicating that Bitcoin's fair value significantly exceeds its current market price, noted at $116,000.
What’s the Real Bitcoin Fair Value?
Charles Edwards, founder of Capriole Investments, indicates that Bitcoin’s fair value should be $167,800. This figure is based on thorough analysis, highlighting the gap between market price and fundamental aspects of the asset.
Is BTC Truly Undervalued?
The methodology for determining Bitcoin’s fair value incorporates key factors such as energy input required to maintain the network and the token’s supply growth rate. Edwards mentions that Bitcoin's current undervalued status may be deeper than in September 2020 when it was trading around $10,000.
Diving Deeper into Bitcoin Price Analysis
The analysis of underlying factors affecting Bitcoin's market price displays that despite external market factors, such as investor sentiment and macroeconomic conditions, the network's fundamental strength remains high. This offers a chance for investors to focus on Bitcoin's long-term value.
Thus, Charles Edwards’ findings emphasize Bitcoin's significant undervaluation, opening new opportunities for investors focused on fundamental metrics.
