Libertas Primordium on Nostr: Bitcoin isn't fairly priced yet. 28k is still a bargain. #[2]
Bitcoin isn't fairly priced yet. 28k is still a bargain.
Based on the current M2 money supply divided by 21 million, the current fair price for 1 Bitcoin is $1,012,719.
Of course, the trend of M2 for the past century is upward and increasing in momentum (except for the slightest pullback in recent months), so expect that figure to increase in the coming years.
Published at
2023-03-19 18:59:10Event JSON
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