Bitcoin Price 46 Percent Below Model Value of €124,000

The bitcoin price is currently around €67,000, which is approximately 46 percent below the value of €124,000 indicated by a model from researcher Matthew Mezinskis. This model, shared by crypto analyst Michaël van de Poppe, links the age of bitcoin to price development since its inception. Although the model predicts a high value, it does not set a specific price target with a deadline and does not promise a rapid increase. The model shows that the price of bitcoin correlates with the age of the network over a longer period, but the growth in value is slowing down. Mezinskis emphasizes that the comparison mainly illustrates how far the current price lags behind, without suggesting that bitcoin can quickly catch up. Another analyst, Darkfost, notes that despite the recent rise in the bitcoin price, there has not yet been a return of big money.

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