Bitcoin Daily: Bitcoin At $7000, Undervalued Or Overvalued?

in #bitcoin • 7 years ago

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At $7,000, Bitcoin can be both undervalued or overvalued, depending on how the “intrinsic” value of the digital currency is calculated.
After testing the $6000-mark for a while, Bitcoin has staged a big comeback lately. In the last seven days, the digital currency has rallied 6.15%, trading close to the $7,000-mark. Other cryptocurrencies have rallied in sympathy

See the full article here: https://www.forbes.com/sites/panosmourdoukoutas/2018/08/31/bitcoin-at-7000-undervalued-or-overvalued/#7b3b17f15ef8

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@wpbeginner - Crypto Evangelist

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7 years ago in #bitcoin by
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