Community Articles

via CoinDesk · By CoinDesk Staff

BTC price prediction: This model puts bitcoin's fair value at $224,000

BTC

BTC/USDT

$84,046.03

-0.36%

$84,046.03

-0.36%

(24s)

24h Volume

$15,104,056,542.96

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(01:26 PM UTC)

1 min read

Updated byEmily Watson

0 comments

Bitwise model puts bitcoin fair value at $224,000 as sovereign-default hedge

The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.

A monthly research report from Bitwise's European arm published this week pegs bitcoin's theoretical "fair value" at roughly $224,000 if the asset were widely adopted as portfolio…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments