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Dogecoin Moon Mission Price Target! - Doge-1 Launch Update!Cost of Production One final way to consider Bitcoin's intrinsic value is to view it as a produced commodity, similar to that of oil or silver. Most commodity. Fundamental analysis can be described as the science of identifying when an asset is undervalued or overvalued (Investopedia). For example, Bitcoin has a higher value due to its scarcity. Thus, this study will include supply factors to further expand on research regarding the supply.