Bitwise sees Bitcoin 'fair value' at $230K

Bitwise analysts André Dragosch and Ayush Tripathi project Bitcoin could hit $200,000 by year-end, with a “fair value” of $230,000. They link Bitcoin’s rise to Trump’s proposed tax cuts and growing U.S. debt, positioning it as a hedge against sovereign default risks. Recent data, including the Optimized Trend Tracker (OTT) signal and other market indicators, supports this bullish outlook, Cointelegraph reported.