Is Bitcoin Overvalued or Undervalued?
According to CryptoQuant:
๐น BTCโs Price / Realized Supply ratio is just above the annual average โ similar to Nov 2023, before BTC surged from $74K to $107K ๐
๐ Current reading suggests:
โก๏ธ Neutral zone โ not overheated, not cheap
๐ฎ Could history rhyme again?
