Ratio of 3-Month to 6-Month Realized Volatilities for Bitcoin vs. the Corresponding Volatilities for Gold

According to J.P. Morgan, the current fair value for Bitcoin based on a volatility ratio of Bitcoin to gold is US$23,000.

Image: J.P. Morgan

Ratio of 3-Month to 6-Month Realized Volatilities for Bitcoin vs. the Corresponding Volatilities for Gold