Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000

André Dragosch details Bitcoin as a liquidity canary, its $197K model fair value, Fed policy shifts, recession risks, and capital rotation from precious metals. Bitwise’s André Dragosch joins Spencer Nichols to explain why Bitcoin tends to move before shifts in global liquidity, acting as the canary in the liquidity coal mine, and why his global money supply model puts Bitcoin’s fair value at $197,000 today. They also dig into recession risk, the Fed’s next move, and how capital rotating out of precious metals could help Bitcoin catch up to the money supply.

Source: Bitcoin Magazine