⚡ Bitcoin's "Fair Value" Could Be $167K Based on Energy Model

New analysis suggests $BTC is currently 31% undervalued when measured against its energy-based "fair price" metric. The Bitcoin Energy Value model calculates fair value by correlating price with the energy expended in mining.

Key points:

🔹 Current fair value estimate ranges between $77K-$167K

🔹 Bitcoin's hash rate continues hitting record highs

🔹 Energy Value model has historically tracked long-term price trends

The metric suggests miners' energy expenditure creates a fundamental price floor. With network security at all-time highs, the model indicates strong underlying value.

#Bitcoin #Crypto

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