Is Bitcoin Overvalued or Undervalued?

According to CryptoQuant:

🔹 BTC’s Price / Realized Supply ratio is just above the annual average — similar to Nov 2023, before BTC surged from $74K to $107K 🚀

📉 Current reading suggests:

➡️ Neutral zone — not overheated, not cheap

🔮 Could history rhyme again?

#Bitcoin #BTC #OnchainData