If you're still waiting for $BTC to crash harder before you buy, stop now.
Traders who hesitate like this often miss the real opportunity and end up chasing after the move starts, locking in worse prices.
The Power Law Oscillator shows $BTC trading well below its long term regression trend. With readings near +34.5K, Bitcoin looks significantly undervalued versus the model's path.
Some will say power law models are too simplistic for current conditions and $BTC could stay undervalued longer. I lean the other way because historically these extreme deviations have preceded stronger upside, which could lift $ETH as well.
Where do you think this goes from here?
#Bitcoin #BTC #Crypto
Traders who hesitate like this often miss the real opportunity and end up chasing after the move starts, locking in worse prices.
The Power Law Oscillator shows $BTC trading well below its long term regression trend. With readings near +34.5K, Bitcoin looks significantly undervalued versus the model's path.
Some will say power law models are too simplistic for current conditions and $BTC could stay undervalued longer. I lean the other way because historically these extreme deviations have preceded stronger upside, which could lift $ETH as well.
Where do you think this goes from here?
#Bitcoin #BTC #Crypto
