Is Bitcoin Undervalued Now? Grayscale Signals Big Buy Opportunity
Bitcoin’s (BTC) recent slide to a fresh cycle low, briefly dipping below $60,000, has renewed debate over whether the asset is once again undervalued. Grayscale Research finds that, based on several on-chain metrics, Bitcoin currently looks cheap. However, the firm cautions that present conditions are not as extreme as prior bear market troughs—particularly the period … Read more