Bitcoin Enters Into Undervalued Territory Again, But Analyst Says A Bottom Is Yet To Be Formed – Here’s Why

Bitcoin Enters Into Undervalued Territory Again, But Analyst Says A Bottom Is Yet To Be Formed – Here’s Why


The Crypto Basic
2022-08-26 13:00:53

  Bitcoin drops below the realized price again. In its weekly highlights, released today, CryptoQuant argues that while Bitcoin is in a good accumulation zone for investors who employ the dollar cost averaging strategy with the asset once again undervalued below the realized price of about $21,700, it is still far from forming a price […]The post Bitcoin Enters Into Undervalued Territory Again, But Analyst Says A Bottom Is Yet To Be Formed – Here’s Why first appeared on The Crypto Basic.The post Bitcoin Enters Into Undervalued Territory Again, But Analyst Says A Bottom Is Yet To Be Formed – Here’s Why appeared first on The Crypto Basic.