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Bitcoin Fair Price Hits $100,000, Analysts Signal New Bullish Base

  • Bitcoin's fair price is now estimated at $100,000 according to an updated valuation model based on a logarithmic OLS regression.
  • Analysts suggest that the $103,000 level represents a deflated bubble, forming a strong base for Bitcoin's future upward movement.
  • A chart comparing Bitcoin's price with a power-law trend line shows the fair price at $100,000, slightly below the current market value of $103,000.
  • Analyst Michaël van de Poppe indicates that Bitcoin is at a level favorable for fresh spot purchases after a recent wave of liquidations.
  • The pivotal question now is whether Bitcoin can reclaim the $106,000 level, potentially leading to new all-time highs, or else presenting a buying opportunity below $100,000.
  • Analysts view the current consolidation around key fair value levels as a positive sign for Bitcoin's next major market cycle.

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