Further downside is expected, but multiple data points suggest Bitcoin is undervalued

Further downside is expected, but multiple data points suggest Bitcoin is undervalued
фото показано с : cointelegraph.com

2022-6-17 20:40

Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected.

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Bitcoin (BTC) на Currencies.ru

$ 70974.5 (+0.09%)
Объем 24H $27.108b
Изменеия 24h: 0.13 %, 7d: 4.81 %
Cегодня L: $70824.16 - H: $71243.75
Капитализация $1398.771b Rank 1
Цена в час новости $ 20445.46 (247.14%)

undervalued bitcoin further expected downside suggest btc

undervalued bitcoin → Результатов: 107


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Top 3 Metaverse Crypto Coins Below $50 Million to Watch in June 2022

Bitcoin and Ethereum continue this week’s selloffs, but Metaverse crypto coins are showing significant bullish momentum, with many showing double-digit price increases. Metaverse season may be coming soon, making it a great opportunity to Dollar-cost Average and start accumulating undervalued projects that could show substantial growth during the next few months, assuming the crypto market […] The post Top 3 Metaverse Crypto Coins Below $50 Million to Watch in June 2022 appeared first on NullTX.

2022-6-14 18:46


Top 5 Metaverse Crypto Coins With a Market Cap Below $9 Million to Watch in March 2022

As this week ends, crypto markets continue their bullish rise, with Bitcoin and Ethereum trading above $44k and $3. 1k, respectively. In response, Metaverse crypto coins are also seeing significant price hikes, with many experiencing double-digit percent price gains, making this a perfect opportunity to start accumulating underrated and undervalued projects.

2022-3-27 16:42


Innovation Stocks “Nowhere Near A Bubble,” And Ether “Even More Undervalued Than Bitcoin,” Says Cathie Wood

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2021-12-10 16:29


Bitcoin Fundamentals Suggest Cryptocurrency Is Massively Undervalued

Bitcoin price action might not reflect it, but the leading cryptocurrency by market cap could be massively undervalued, according to a variety of fundamental metrics that focus on coin issuance. These tools are widely known, but when combined paint a clear picture that backs up any chance that the top coin by market cap is actually undervalued at $40,000 per BTC.

2021-8-2 23:00


Kim Dotcom Claims This Fork Is More Undervalued Than Bitcoin, Here’s Why

Bitcoin has taken over all forms of media, from mainstream to social. The cryptocurrency was trending on Twitter last night after making above $40,000 for the first time. The hysteria caught the attention of early internet entrepreneur Kim Dotcom, who claims there’s a Bitcoin fork that’s more undervalued than BTC itself and has the “biggest […]

2021-1-9 04:00


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Elrond (ERD) price hits multi-month highs as research shows EGLD is substantially undervalued

Elrond (ERD) price followed Bitcoin (BTC) price in racing higher to record a strong close of 2020 year.   Fundamental analysis: Token “substantially undervalued” A recent research focused on Elrond, conducted by crypto research firm Picolo Research, showed that the network’s future largely depends on the rollout of Maiar, the first application to launch on Elrond.

2021-1-6 17:41


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IOTA remains undervalued and the price could advance in January. Here’s the next target for buyers

The cryptocurrency market continues to trade in a bull zone, Bitcoin has advanced above $28000, but the IOTA price is still unable to stabilize above the $0. 30 resistance level. IOTA might still be undervalued despite all the problems, and some analysts say that this cryptocurrency could be trading again above $1.

2020-12-31 00:26


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Winklevoss Twins Explain Why ‘Bitcoin Is Better At Being Gold Than Gold’

Gemini’s Winklevoss Capital recently presented a report arguing a strong case for Bitcoin as the ultimate hedge against inflation, despite its current undervalued status. The report compared bitcoin’s superiority as a long term store of value (SoV) with traditional assets like gold, oil, and, most importantly, the US dollar. While all these assets have performed […]

2020-8-31 11:51


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Winklevoss Twins: Undervalued Bitcoin Could Hit $500,000 As It’s The Only Long-Term Hedge Against Inflation

If you think you have missed out on Bitcoin’s massive 2020 gains, you might want to think again. Cameron and Tyler Winklevoss, crypto billionaires, and the co-founders of the Gemini crypto exchange believe that the bellwether cryptocurrency still has more gas left in the tank as it is wildly undervalued at anything less than $500,000 […]

2020-8-29 23:09