Bitcoin's fair value is $35,000 - but who's counting? - Morningstar

Mar 9, 2024 · The bitcoin-to-fair-value ratio over the last decade has traded as high as 4.8-to-1 (in December 2017) and as low as 0.3-to-1 (in September 2016). The ratio currently is 1.9-to-1. To put these ...

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Bitcoin's Fair Value Is $35,000 - But Who's Counting? - Morningstar

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Bitcoin's Fair Value Is $35,000 - But Who's Counting? | Morningstar

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Mar 7, 2024 · Morningstar brands and products Company Get 7 Days Free

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Bitcoin’s Fair Value Is $35,000 — But Who’s Counting? - MSN

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I first wrote about this in December 2020, when bitcoin was trading above $20,000 and the model determined its fair value to be below $20,000. Though bitcoin shot past $60,000 in the three …

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Bitcoin’s Fair Value Is $35,000 — But Who’s Counting?

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Mar 9, 2024 · Bitcoin ETF demand and the cryptocurrency’s volatility disregard a fundamental valuation model. ... Bitcoin’s fair value is $35,000 — but who’s counting? Share. ... Bitcoin’s …

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Bitcoin’s Fair Value Is $35,000 — But Who’s Counting? - AllSides

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Mar 10, 2024 · From The Center. Bitcoin’s BTCUSD surge to an all-time high may not say anything about bitcoin’s reality. In fact, it may be nothing more than random fluctuations above …

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Bitcoin Is Undervalued Now — But Just Look At Its ... - Morningstar

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Oct 10, 2023 · Bitcoin's fair value is about $31,400, according to one respected forecasting model. Bitcoin over the next 100 years will produce an annualized return of 1.1%. That's the …

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JPMorgan Says BTC’s ‘fair Price’ Is $35K... But ... - Cointelegraph

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Nov 3, 2021 · They also asserted that Bitcoin’s “fair value” is around $35,000 based on the firm’s price model, which is roughly 45% lower than its current trading price of $63,281.

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Bitcoin’s Fair Value Is $35,000 — But Who’s Counting?

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5.5K subscribers in the StonkFeed community. Stock Market News Feed for Idea Generation Best viewed on PC with Reddit Enhancement Suite Use an Auto…

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Bitcoin Is 29% Overvalued. Here's Where It Will Be Trading In 2140.

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Sep 12, 2024 · It calculates the cryptocurrency's current fair value to be $40,100, 29% below its recent price. Notice that this projection has nothing to do with who wins the presidential …

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What Is Bitcoin Worth? - Morningstar

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May 25, 2023 · Bitcoin has appreciated by more than 75% so far this year, climbing from a level of US$16,540 as of Jan. 1 to US$29,218 as of April 30. Over that period, it’s beaten the …

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Institutions Not Buying The Bitcoin Dip And Fair Value Could Be …

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Jun 24, 2021 · The bank said the fair value of bitcoin over the medium-term could range from $23,000-$35,000. Headwinds still exist for bitcoin, including the end of a six-month lock up …

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Does Your Portfolio Need Bitcoin? | Morningstar

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Feb 5, 2021 · When Guggenheim’s Scott Minerd was quoted in December 2020 claiming bitcoin could be worth as much as $400,000, bitcoin prices quickly escalated. But without a strong …

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Has Bitcoin Hit Bottom And What Is Its Fair Value? Here's What …

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Jan 25, 2022 · Cryptocurrency analyst Justin Bennett noted that Bitcoin had a “nice recovery” to $36,000 and could move higher towards the $40,000 to $42000 range if it held above the …

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Bitcoin’s Value Is Roughly $29,000, $50,000 Or $216,000 — …

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Jun 10, 2023 · Bitcoin’s value is roughly $29,000, $50,000 or $216,000 — depending on how you slice it These 4 valuation models give widely different estimates of how much the bellwether …

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JPMorgan Estimates ‘fair Value’ Of Bitcoin At $38K - Cointelegraph

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Feb 9, 2022 · The strategists previously released a similar report in November, asserting that Bitcoin’s “fair value” was around $35,000, or about 45% lower than its market price of $63,281. …

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What Is Bitcoin Worth? - Morningstar

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May 15, 2023 · The world’s financial holdings of gold totaled about $6,528 billion, which means that bitcoin soaked up 4.9% of gold’s market share as a store of value in 2022. Interestingly, …

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FAQs about Bitcoin's fair value is $35,000 - but who's counting? - Morningstar Coupon?

What is bitcoin's fair value?

Bitcoin’s fair value is $35,000 — but who’s counting? Bitcoin’s surge to an all-time high may not say much about its reality. Bitcoin’s BTCUSD, +0.39% surge to an all-time high may not say anything about bitcoin’s reality. In fact, it may be nothing more than random fluctuations above and below the cryptocurrency’s fair value. ...

Does bitcoin fluctuate relative to fair value?

If a move from $20,000 to over $60,000 looks like more than just a “random fluctuation,” you should know that bitcoin’s fluctuations relative to fair value are no more extreme than for other assets. The bitcoin-to-fair-value ratio over the last decade has traded as high as 4.8-to-1 (in December 2017) and as low as 0.3-to-1 (in September 2016). ...

Was bitcoin trading below fair value in 2022?

Though bitcoin shot past $60,000 in the three months following that column, the implication of the model was that this was just one of the cryptocurrency’s periodic, random fluctuations on either side of fair value. Sure enough, by mid-2022, bitcoin was trading below fair value as determined by the model. ...

Is bitcoin trading below fair value?

Sure enough, by mid-2022, bitcoin was trading below fair value as determined by the model. If a move from $20,000 to over $60,000 looks like more than just a “random fluctuation,” you should know that bitcoin’s fluctuations relative to fair value are no more extreme than for other assets. ...

What does bitcoin's surge to an all-time high mean?

Bitcoin’s BTCUSD, +0.39% surge to an all-time high may not say anything about bitcoin’s reality. In fact, it may be nothing more than random fluctuations above and below the cryptocurrency’s fair value. I base this on a valuation model that, following Metcalfe’s Law, relates bitcoin’s price to the square of the number of users. ...

How much is bitcoin worth?

Each of the three alternative valuation models that Morningstar discusses concludes that bitcoin’s value is far higher than $29,500 — as high as $216,000, in fact. (See chart below.) To be clear, Morningstar is not endorsing any of the models, acknowledging that “right now, bitcoin is still a bit of a mirror: People will see what they want to see.” ...