Schwab Research Head Says Bitcoin Fair Value Is $95,000

Bitcoin has had an impressive run lately, but one Wall Street researcher believes the leading cryptocurrency is still undervalued. Jim Ferraioli, the Head of Crypto Research at Charles Schwab, recently shared that his calculated fair value for Bitcoin is around $95,000.

Unlike traders who focus on hype or daily price charts, Ferraioli bases his target on the hard math of Bitcoin mining economics. He argues that looking at what it actually costs to produce a single Bitcoin provides a much more stable floor for its long term valuation than short term market sentiment.

As the mining difficulty increases and energy costs fluctuate, this production floor will likely continue to shift. Investors will want to keep a close eye on hash rate trends and global energy markets to see if Bitcoin's market price eventually aligns with this valuation in the coming months.