There's no simple way to track the #bitcoin price discovery process.

We all know the Halving is the catalyst to a new price discovery cycle but that deals with the timing of the cycle not the pricing of the asset.

Here is a 🧵👇 detailing our indicator designed to output #BFV 1/ #Bitcoin fair value like any assets fair value starts with cost of production. No producer in the world is able to sell their good or service to a consumer for less than the amount it cost to produce or provide

COP therefore provides a floor price for any asset including #btc