It's actually undervalued.. Stock-To-Flow Deflection on Bitcoin shows it's the most undervalued in the past 10 years at the current prices! I think we’ll look back at this as the greatest buying opportunity of the 2021 Bull Market. But people will wait for $20,000 to come... What do you think @tobetada?
what I can make out is that the bear phase and the run up to the top has so far always been marked by two dips under 1.
Seems like we are just coming out of the second dip and are ready to make the ATH in the next year or so!
Nice havent noticed, then the low should be in right.
always hard to say, but yes, this is what it looks like