Bitcoin is now most undervalued versus gold: Will BTC price rebound?
A recent analysis indicates that Bitcoin is currently the most undervalued asset compared to gold, suggesting a potential price rebound for BTC. The comparison highlights that Bitcoin's market capitalization is significantly lower than that of gold, which could signal an opportunity for investors. Analysts believe that as institutional interest in Bitcoin grows, its price may rise to better reflect its value relative to gold. Additionally, market trends and historical data suggest that Bitcoin often experiences upward momentum following periods of undervaluation. Investors are closely monitoring these developments for signs of a potential recovery in Bitcoin's price.
Read the full article: Coin Telegraph