Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000.
Questions have arisen around Bitcoin’s fair value after a popular economist predicted that the world’s first cryptocurrency may never fall below $60,000.
The Bitcoin (BTC) price could settle above the $60,000 psychological mark, according to economist and rader Alex Krüger, who wrote in a Nov. 5 X post:
Bitcoin’s value. Source: Alex Krüger
