crypto assets have different fundamentals. For businesses it's important to understand earnings and assets because those put a floor on the price of the busine

crypto assets have different fundamentals. For businesses it's important to understand earnings and assets because those put a floor on the price of the business: they set a price level at which you are very likely to see demand for taking over the business. At the end of the day, though, when you study fundamentals you are making guesses at supply and demand. The price of a Bitcoin depends on how many people are trying to use it for remittances and how easily those people can acquire Bitcoin and how long recipients hold before selling. Demand also depends on the macro environment and it's historic correlation with other markets. Supply depends on the issuance rate and energy prices (higher prices will force miners to sell more to pay for their operations). Many other factors are at play; by predicting them you can make guesses as to future supply and demand and future bitcoin prices.