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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 that the markets have seen a tremendously heavy correction on the indicators.
#Bitcoin is extremely cheap.