We believe the full picture of Bitcoin’s relative fundamental value is best summarized by Capriole’s Bitcoin Macro Index.
Over 60 of the most powerful Bitcoin on-chain, macro market and equities metrics combined into a single machine learning model. This is a pure fundamentals-only, value investing approach to Bitcoin. Price isn’t an input. Capriole actively trades the Macro Index model on a daily basis but note that what we present here is updated once a week. You can read more about this strategy here.