Will Bitcoin Price Reach of $130k? Crypto Pundit Explains His Target

Bitcoin (BTC), the world’s most important digital asset, is currently trading well below what some experts consider its fair value. Charles Edwards, founder of Capriole Investments and creator of the “Energy Value” indicator, has stated that Bitcoin should be valued at close to $130,000. This statement has rekindled optimism among institutional and retail investors, especially after important regulatory announcements that benefit the sector. IT …

Bitcoin Fair Price: Charles Edwards States $130K Valuation - Blockchain & Cryptocurrencies Tabloid

Charles Edwards asserts Bitcoin's fair price at $130,000 using his Energy Value model. The post Bitcoin Fair Price: Charles Edwards States $130K Valuation appeared first on Blockchain & Cryptocurrencies Tabloid.

Will Bitcoin Price Reach of $130k? Crypto Pundit Explains His Target

Bitcoin (BTC) rally noted over the past few days has paused, but a crypto pundit calls for a $130K target. Despite the push from $80k to $90k in a few days, Bitcoin’s Energy Value indicator shows fair value at $130K, which means the price is trading at a 40% discount at roughly $90K.  Fair Bitcoin Price is $130k, Says Crypto Pundit According to Charles Edwards, founder of Capriole Investments, Bitcoin’s Energy Value is the “intrinsic value of Bi…