Is Bitcoin Price Undervalued? CryptoQuant Data Reveals Rare Opportunity
Bitcoin’s MVRV ratio has dropped to 1. 1, bringing it closer to the undervalued zone than at any point since 2020. CryptoQuant analyst DanCoinInvestor shared the data, noting that BTC is now just a step away from a level that has kicked off major rallies in every past cycle. When the MVRV ratio falls below 1, …
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