Bitcoin Analysis With Metcalfe’s Law

Bitcoin Analysis With Metcalfe's Law

Using Metcalfe's Law on the number of daily active users for bitcoin we can see BTC is currently very undervalued and has a lot of future potential! Assuming we see 2.5 million daily active users on BTC near the end of the cycle which is pretty likely, we may see a BTC price above $300K!

Price = ( (active addresses) ^2 ) / total supply

Metcalfe's Law Table On BTC

submitted by /u/zolopei
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