Our Gold Fair Value model currently shows a significant dislocation. Based on this alone, Bitcoin appears materially undervalued relative to gold. The model-implied fair value is approximately $98.5k, meaning Bitcoin is trading at a notable discount to its historical
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Our Gold Fair Value model currently shows a significant dislocation. Based on this alone, Bitcoin appears materially undervalued relative to gold. The model-implied fair value is approximately $98.5k, meaning Bitcoin is trading at a notable discount to its historical