Fascinating chart analyzing the metrics of the markets on being overbought or undervalued.
You can clearly see, and that's the specific case for
#Bitcoin, that we're currently in undervalued territories.
The only cases that we've been in this area earlier are:
- Bear market 2015.
- Q4 2018.
- Second half of 2022.
We've entered this valuation again. Way earlier than expected, but haven't we already seen a left-cycle with a peak in December '24?
In that light, avoid following your emotions and fighting your bias on social media, and just follow the rationale.
The rationale and data are proving t