André Dragosch of Bitwise Sets Bitcoin Fair Value at $197,000
Original title: Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000
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Summary
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Key points
- André Dragosch of Bitwise values Bitcoin at $197,000 based on a global money‑supply model
- He describes Bitcoin as moving ahead of global liquidity changes, likening it to a canary in a liquidity coal mine
- He suggests that capital rotating out of precious metals may help Bitcoin catch up to the overall money supply
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