Opinion: Bitcoin has entered an undervalued zone and will experience months of sideways consolidation.

BTC-2,08%

BlockBeats News, February 15 — According to CryptoQuant analyst Darkfost’s analysis based on the 4-year simple moving average (SMA) indicator for Bitcoin, the BTC price has now returned to the green (undervalued) zone and is approaching its 4-year moving average, currently around $57,500.

Historically, this level typically marks the final stage of each bear market, with Bitcoin prices trading near this level for several months.

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