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‘Conservative’ BTC supply shock metric now says Bitcoin should cost



‘Conservative’ BTC supply shock metric now says Bitcoin should cost at least $55K

(BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.”

In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for .

Bitcoin supply shock valuation model. Source: Willy Woo/ Twitter (NYSE:)
BTC/USD 1-day candle chart (Bitstamp). Source: TradingView