## Bitcoin's True Value: $167,800? Recent analysis suggests Bitcoin is significantly undervalued. According to Charles Edwards, founder of Capriole Investments, Bitcoin's fair value sits around $167,800. This valuation is based on the energy expenditure required to maintain the Bitcoin network and its controlled supply growth. Edwards highlights a substantial discrepancy between Bitcoin's fundamental value and its current market price. He notes that Bitcoin is more undervalued now than it was in September 2020 when it traded around $10,000. This suggests that, based on these fundamental metrics, Bitcoin has considerable room to appreciate in value, presenting a potential opportunity for investors. The coming months will reveal whether the market aligns with this assessment of Bitcoin's true potential. ```

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