Bitcoin is currently considered to be 31% undervalued compared to its energy-based fair price, which analysis estimates to be around $167,800. The Energy Value metric, developed by Capriole Investments, indicates that Bitcoin should be trading much higher than its present price of $116,000. As the hashrate, or the total processing power used by Bitcoin miners, reaches record levels, the true value of Bitcoin has increased significantly. In fact, the Energy Value has recently hit $145,000, demonstrating a substantial discrepancy between market price and perceived value. Experts argue that rising prices create incentives for increased energy input, which enhances Bitcoin's Energy Value. Consequently, a surge in Bitcoin’s price is expected to occur soon, responding to demand and miner activity, as the current pricing reflects a more profound discount than during past market milestones. Overall, this situation paints a hyper-bullish outlook for Bitcoin’s future price trajectory.

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