The post Bitcoin Price Prediction: Schwab’s Jim Ferraioli Explains His $95,000 Estimate appeared first on Coinpedia Fintech News
Bitcoin may be trading above what some investors expected this year, but according to Charles Schwab’s Head of Crypto Research, Jim Ferraioli, its “fair value” could actually be closer to $95,000. Ferraioli said his valuation is based primarily on Bitcoin’s mining economics, rather than short-term market sentiment. Why $95,000? “If you were to say what’s …