According to the stock-to-flow deflection chart, today, bitcoin is the most undervalued with respect to the last 10 years of its history.
A similar situation occurred in the middle of the 2017 bull market. After which, the BTC price continued its exponential growth.
Additionally, bitcoin is deviating from its 11-year uptrend line. The deviation reaches 36% negative. This gives an additional signal that the value of BTC is undervalued and also shows room for upside. The peaks of previous bull…
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