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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$80,071.20

+0.64%

$80,071.20

+0.64%

(24s)

24h Volume

$6,390,490,709.41

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

-0.0006%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,926.58

▲ 0.33%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,810.13

Price$79,926.58

Support 1$79,916.17

Support 2$78,324.21

Support 3$76,182.96

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.0

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…

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Source

CoinDesk Staff · CoinDesk

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