DivXMaN
Key metrics say Bitcoin is SEVERELY undervalued. Indicators point to new ATHs for BTC in the near future.
Even after BTC rose from 30K to 40K the NVT ratio, used to detect when BTC is undervalued or overvalued, remains at historic lows. Exchange Reserves dropped to an area where in 2020 and early 2021 drops were met with LARGE price increases. BTC has broken EVERY daily exponential moving average. BTC is consolidating w/ support ABOVE all moving averages. Weekly close ABOVE the 20EMA w/ RSI @ 50. Last time at this price level RSI was overbought. Now there is plenty of room to set a new ATHs.