The Bitcoin Z Score relative to gold has dropped to -1.24, indicating its value is undervalued by 24%-66%. Historical data shows that after similar lows (such as in 2020 and 2022), Bitcoin prices have rebounded by 150%-300%. Does this technical indicator signal the start of a new bull market?
Against the backdrop of continuous mainstream capital inflows into the crypto market, is the time for Bitcoin's value re-evaluation already here? How should investors interpret the relationship between such macro indicators and short-term market fluctuations? Feel free to share your insights.
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#元宵赏月领红包
The Bitcoin Z Score relative to gold has dropped to -1.24, indicating its value is undervalued by 24%-66%. Historical data shows that after similar lows (such as in 2020 and 2022), Bitcoin prices have rebounded by 150%-300%. Does this technical indicator signal the start of a new bull market?
Against the backdrop of continuous mainstream capital inflows into the crypto market, is the time for Bitcoin's value re-evaluation already here? How should investors interpret the relationship between such macro indicators and short-term market fluctuations? Feel free to share your insights.