Escala de grises: Los indicadores en la cadena muestran que Bitcoin está actualmente subvalorado, pero aún no ha alcanzado el fondo del ciclo histórico

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Golden Finance report, June 10th, Gray Scale research director Zach Pandl stated that on-chain valuation metrics indicate that Bitcoin is currently undervalued, but not to the extent of the previous cycle bottom. He said that this bear market may be shallower than past ones because the previous bull market had smaller gains, coupled with market structure improvements such as ETP availability, wealth platform deployment, and institutional adoption.
Zach believes investors should focus on two major short-term catalysts: the progress of the Senate "Clarity Act" and whether leveraged Bitcoin holders can stabilize their balance sheets. He remains optimistic about the "Clarity Act," but market forecasts show a low probability of its passage. Pandl believes the current price levels offer long-term investors an opportunity to build positions gradually, while short-term traders may wait for developments in the bill.
BTC-3,12%
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