CoinGape
2022-06-24 08:55:32

Bitcoin Is Undervalued: Here’s What These Indicators Show

Despite a widespread sentiment that Bitcoin is yet to reach its bottom level, some indicators reveal the low was already realized. Supporting the claim that BTC is yet to bottom out are certain technical indicators. However, other indicators signal that Bitcoin is undervalued. Signals To Look: Bitcoin Is Undervalued Indicators based on unspent transaction output The post Bitcoin Is Undervalued: Here’s What These Indicators Show appeared first on CoinGape.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.