Fidelity’s director of global macro is evaluating where Bitcoin (BTC) and Ethereum (ETH) stand after months of price capitulation.
Jurrien Timmer tells his 131,200 Twitter followers that Bitcoin is likely undervalued at current prices based on his S-curve model.
The model attempts to gauge the value of BTC by predicting the future growth of its network based on the rate at which users adopted the internet.
“Bitcoin and crypto in general have not been spared from the…
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