Analyst: Bitcoin valuation has hit an extreme low, a level seen during only 3.4% of its history
Nov. 13 — According to an analysis in an X post by CryptoQuant analyst Darkfost, Bitcoin recently fell below several key price levels, and fear is beginning to spread among investors.
However, according to the Porkopolis Power Law Quantile Regression model, the recent decline has pushed Bitcoin’s valuation to an extreme low.
The data shows that Bitcoin is currently severely undervalued. Over its entire history, its valuation has been this extremely low only 3.4% of the time.
The analyst believes that market sentiment has shifted from being profit-driven a few weeks ago to being gripped by fear. But investors need not be afraid; instead, they should seize the opportunity.
Historically, such periods of low valuations have often presented investment opportunities, and a long-term holding strategy has consistently proven effective during these times.
#比特币
Nov. 13 — According to an analysis in an X post by CryptoQuant analyst Darkfost, Bitcoin recently fell below several key price levels, and fear is beginning to spread among investors.
However, according to the Porkopolis Power Law Quantile Regression model, the recent decline has pushed Bitcoin’s valuation to an extreme low.
The data shows that Bitcoin is currently severely undervalued. Over its entire history, its valuation has been this extremely low only 3.4% of the time.
The analyst believes that market sentiment has shifted from being profit-driven a few weeks ago to being gripped by fear. But investors need not be afraid; instead, they should seize the opportunity.
Historically, such periods of low valuations have often presented investment opportunities, and a long-term holding strategy has consistently proven effective during these times.
#比特币
