Analyst: BitMEX Data Suggests Bitcoin is Fairly Valued at $8,800 to $9,300

Once again, Bitcoin (BTC) is trading under $10,000. In fact, as of the time of writing this article, the cryptocurrency is sitting around $9,500 — up 0.8% in the past 24 hours.
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While some cynical analysts are expecting for BTC to spike lower, one investor suggests that per his analysis of a number of data points, the asset’s “inferred price” or fair value isn&rsq