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Bitwise Analyst Sees Bitcoin Fair Value at $197,000

Original: Bitwise’s André Dragosch: Bitcoin’s “Fair Value” Of $197,000

André Dragosch, an analyst at asset manager Bitwise, has put Bitcoin's fair value at $197,000, well above current market prices. The estimate suggests Bitcoin may be significantly undervalued and has drawn attention among crypto investors weighing whether a major rally could follow.

Why now: Crypto traders are watching bullish institutional price targets as Bitcoin trades far below the claimed fair value.

BitwiseAndré DragoschBitcoin

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