Fair value of Bitcoin could reach $165,000
Based on an analysis of Bitcoin’s correlation with global liquidity, the cryptocurrency’s fair value is estimated to be around $165,000. This suggests that a recent opportunity to buy Bitcoin at $80,000 could potentially yield a 2x return, highlighting what could have been a rare buying chance.
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This projection relies on macroeconomic indicators and offers a benchmark for Bitcoin’s future price movements. If the forecasted level is achieved, it may attract renewed investor interest in the crypto market.
Going forward, monitoring global financial trends will be crucial as they directly affect the valuation of digital assets, including Bitcoin.
