Refreshed Model: Bitcoin (BTC) to See $100,000 After 2020’s Halving

For a while now, Bitcoin (BTC) has seemingly moved with rhyme nor reason. Today, the crypto asset is down 7%, falling off of no clear fundamental event. And just four days, it was rallying by over 10%, pushing ever closer to near its year-to-date high of $14,000.
Despite the day-to-day volatility, valuation models have begun to arise for Bitcoin, ones that may give insight into where this cryptocurrency can head in the long run.
Related Reading: Crypto Tidbits: Donald Trump Jabs Bitcoin, Bitpoin