Tiger Research, a Web3 firm based in Asia, has launched the Tiger Valuation Model (TVM) for predicting Bitcoin (BTC) prices. This model aims to provide a more comprehensive assessment of BTC's fair value. TVM considers three key factors: a baseline price derived from on-chain data, network fundamental indicators like transaction frequency and user count, and macroeconomic indicators reflecting traditional financial markets. The model calculates the fair BTC price by multiplying the baseline price with weighted network fundamentals and macroeconomic factors. This approach seeks to quantify both the intrinsic value of the Bitcoin network and the influence of external economic forces on its price. TVM offers a new perspective on BTC valuation. ```

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