The fair value of Bitcoin is around $47,200, says Edwards Charles, founder of Capriole Investments. He believes the current price is a long-term, low-risk buying opportunity. His analysis is based on the production cost and energy value of BTC. The risk-return ratio for him is 1:5 but with a probable higher target, considering that a possible future bull run phase would not stop at this value.
Meanwhile Michael Saylor, director of MicroStrategy, the price of Bitcoin will go much higher (he has currently invested around 650 million dollars) to around 5 million dollars, also thanks to the inevitable approval of the BTC Spot ETFs. For Saylor, Bitcoin performs better than gold in the long term, especially from an "anti-inflation asset" perspective.
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