šŸš€šŸ’” Bitcoin’s ā€œFair Valueā€ via Energy Metric: A Game-Changer ⚔

šŸ” Bitcoin Energy Value Metric Reveals a ā€œFair Priceā€ Near šŸ’° $168K — Current Price Still Trailing šŸ“‰

šŸ”„ Bitcoin could be closer than ever to its ā€œfair valueā€ — as calculated by Capriole Investments’ Energy Value metric.

šŸ“Š According to Charles Edwards, Bitcoin’s fair price, grounded in energy consumption, currently stands at around šŸ’²167,800, suggesting the market is still šŸ“‰ 31% undervalued at its current price near šŸ’²116K.

āš™ļø The Energy Value metric, introduced in 2019, links Bitcoin’s worth to:

šŸ”Œ Energy input

šŸ“ˆ Network supply growth

šŸ’µ Fiat-dollar energy constant

šŸ’Ŗ With the Bitcoin network’s hash rate hitting a new all-time high of 1.031 Zettahashes/sec ⚔ (as of Aug 4), fundamentals point to strong value support.

šŸ’¬ Takeaway: Optimism is brewing as Bitcoin trades well below what its energy-backed fundamentals suggest.

Call-to-Action:

šŸ’­ Is the market underestimating Bitcoin’s true worth? How long before price catches up?

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