theKriptolik2024-12-05

Bitcoin at All-Time High, Yet Investors Signal It’s Still Undervalued

Although Bitcoin has reached its all-time high price, the rate at which Bitcoin holders are withdrawing BTC from exchanges to cold wallets remains higher than the rate of BTC flowing into exchanges. This supports the idea that investors believe Bitcoin is undervalued at its current price. A funny yet true argument: 1 BTC = 0.1 million dollars :)