Why Bitcoin is STILL Undervalued by a Staggering 64%

2019-4-5 22:38

The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom Lee not only believes that this week’s increase is justified, but he told CNBC the BTC price fails to reflect fair value, which he says is $14,000.

Using this measure, bitcoin is currently trading at approximately 64% below its fair market value. Tom Lee: Bitcoin Price REALLY Worth $14,000 Fundstrat’s Lee bases his assessment on the number of active bitcoin addresses coupled with activity per user, which for the most

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Bitcoin (BTC) на Currencies.ru

$ 67104.11 (-0.15%)
Объем 24H $41.504b
Изменеия 24h: -1.95 %, 7d: -0.08 %
Cегодня L: $66907.73 - H: $67613.65
Капитализация $1341.765b Rank 1
Цена в час новости $ 4987.81 (1245.36%)

bitcoin price lee still undervalued tom fundstrat

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