Bitwise strategist pegs bitcoin fair value at $197,000
- —Dragosch puts bitcoin's fair value at $197,000
- —Model hinges on 10-year Treasury yields and global liquidity
- —A Fed pivot to rate cuts is the key upside catalyst
- —40,000 BTC left exchanges in recent weeks
Why it matters: The estimate offers investors a macro-based reference point, but it depends on yields stabilizing and the Fed easing policy.
Source: CriptoTendencias