Bitcoin Price Prediction: Schwab’s Jim Ferraioli Explains His $95,000 Estimate

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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 …