đđĄ Bitcoinâs âFair Valueâ via Energy Metric: A Game-Changer âĄ
đ Bitcoin Energy Value Metric Reveals a âFair Priceâ Near đ° $168K â Current Price Still Trailing đ
đ„ Bitcoin could be closer than ever to its âfair valueâ â as calculated by Capriole Investmentsâ Energy Value metric.
đ According to Charles Edwards, Bitcoinâs fair price, grounded in energy consumption, currently stands at around đČ167,800, suggesting the market is still đ 31% undervalued at its current price near đČ116K.
âïž The Energy Value metric, introduced in 2019, links Bitcoinâs worth to:
đ Energy input
đ Network supply growth
đ” Fiat-dollar energy constant
đȘ With the Bitcoin networkâs hash rate hitting a new all-time high of 1.031 Zettahashes/sec ⥠(as of Aug 4), fundamentals point to strong value support.
đŹ Takeaway: Optimism is brewing as Bitcoin trades well below what its energy-backed fundamentals suggest.
Call-to-Action:
đ Is the market underestimating Bitcoinâs true worth? How long before price catches up?
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