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Bitcoin Is Undervalued, Fair Value Price Should Be $15000, Says Analyst

Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst | Markets and Prices Bitcoin News

Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin ( BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts.