01-09-2018 20:00 via newsbtc.com

Econometric Models Put Bitcoin’s ‘Intrinsic Value’ between $1,080 and $8,778

The price of Bitcoin has stood in a range between $5,500 and $8,000 for three months, now hovering around the $7,000 handle.
Market participants could be in need of some price stability after the rally towards the $20,000 area in late 2017 and the subsequent downfall earlier this year.
However, opinions diverge when it comes to what the real price should be.
Econometric Models Estimate Bitcoin Price Based on Supply or Demand
Analysts use different methods and criteria to evaluate the intrinsic v
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