🤔 Theoretical fair price of Bitcoin — $644,000.
The head of the digital asset research department at VanEck noted that after the next halving, the market capitalization of BTC could reach half the market value of gold.
About 50% of the value of gold is determined not by industrial or jewelry demand, but by its accumulation function.
Interestingly, the younger generation in developing countries increasingly views Bitcoin as an alternative to gold.
At the current gold price, this corresponds to an estimate of about $644,000 for 1 $BTC .
