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Bitcoin is criminally underpriced no matter which way you slice it.
What has happened over these last 6-8 weeks has not been a fundamental market shift that most believe...
It's been a structural reset, with the overall HTF picture fully intact.
Bitcoin is now just lagging.
And this is why I have been providing the data over and over that shows you this.
We have not entered an overall bear phase of the financial markets, it is in fact, totally the opposite to that.
And here we can see based on the historically intertwined relationship between Gold, liquidity and Bitcoin, that Bitcoin is almost 90% undervalued.
Based on this correlation Bitcoins projected value is $153,000 in 60 days from now.
And that is just the fair value. You can see from this chart that Bitcoin always overshoots it by a large amount.
$200k+ Bitcoin is not some wild moon boy price prediction like most of you try and belittle me for.
This isn't some guess, it's the assets entire correlation data and even though at some points the data pushes to both ends of the spectrum, it always returns to the mean eventually.
This is just yet another key piece of data to add to the pile that underpins the overall position we are in.
Criminally undervalued.