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What is Bitcoin’s fundamental value?

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As a result of it hits new highs, there’s no shortage of daring predictions about Bitcoin reaching US$100,000 or additional. Normally these are based totally on not far more than extrapolations by people with vested pursuits: the price has gone up masses so it might probably protect going up. If it’ll get above its earlier extreme, it ought to protect going up. There could also be moreover “charting” or “technical analysis” – having a look at graphs and seeing patterns in them. There is also fancy phrases paying homage to “resistance ranges” and “Tenkan-Sen”. There could also be focus on “fundamentals”. Let’s take a look at this ultimate thought. Does Bitcoin have a fundamental…

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