$BTC down 24% YoY — trading at $85,904 vs $112,741 a year ago.
1-year price multiple sitting at 0.76x. We're in the red zone.
Either this is accumulation before the next leg up, or we're headed lower. Watch for macro liquidity shifts and Fed pivots.
Don't get shaken out if you're holding conviction plays.
1-year price multiple sitting at 0.76x. We're in the red zone.
Either this is accumulation before the next leg up, or we're headed lower. Watch for macro liquidity shifts and Fed pivots.
Don't get shaken out if you're holding conviction plays.
