šš” Bitcoinās āFair Valueā via Energy Metric: A Game-Changer ā”
š Bitcoin Energy Value Metric Reveals a āFair Priceā Near š° $168K ā Current Price Still Trailing š
š„ Bitcoin could be closer than ever to its āfair valueā ā as calculated by Capriole Investmentsā Energy Value metric.
š According to Charles Edwards, Bitcoinās fair price, grounded in energy consumption, currently stands at around š²167,800, suggesting the market is still š 31% undervalued at its current price near š²116K.
āļø The Energy Value metric, introduced in 2019, links Bitcoinās worth to:
š Energy input
š Network supply growth
šµ Fiat-dollar energy constant
šŖ With the Bitcoin networkās hash rate hitting a new all-time high of 1.031 Zettahashes/sec ā” (as of Aug 4), fundamentals point to strong value support.
š¬ Takeaway: Optimism is brewing as Bitcoin trades well below what its energy-backed fundamentals suggest.
Call-to-Action:
š Is the market underestimating Bitcoinās true worth? How long before price catches up?
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