We have previously shown our fair value fit to the total cryptocurrency marketcap, but what about just Bitcoin? In this video, we perform the same type of analysis, but only find our fair value fit of the Bitcoin price. While the conclusions are ultimately similar to the analysis before, having a metric exclusively fit to BTC is important as the crypto market as a whole can continue to move for a few weeks once the BTC top is in. This is yet another indicator we can add to our toolbox to help us stay informed on the next speculative bubble, and how to best handle it.
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