Is Bitcoin undervalued? Why $66K may not tell BTC’s full story
Bitcoin surpassed $66,000 for the first time since June 17, with a CryptoQuant report showing its MVRV percentile at the 5th level, indicating undervaluation. Spot market metrics, including CVD and Netflow, remain neutral, with $34.66 million accumulated in 24 hours and $1.22 billion over 30 days, suggesting weak buy-side conviction.
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