Bitcoin has yet to see major fund inflows from institutional investors as well as millennials entering their peak earnings years.
Fundstrat's Thomas Lee, former chief equity strategist at J.P. Morgan and the only sell-sider to publish crypto price targets, sees bitcoin and total crypto up 4x in 2018.
Cryptocurrencies are still a tiny portion of the world's total gold value as well as total currency value.
Fundamental checks against cryptocurrency values, based upon its technological innovations and capabilities, are useful measures alongside the more common technical analyses.