**Bitcoin Valuation Indicator Signals Undervaluation**

A key Bitcoin valuation metric, the Mayer Multiple, is flashing red, indicating Bitcoin is significantly undervalued. This hasn't been seen since the FTX exchange collapse in late 2022.

- **Current Indicator Status**: The Mayer Multiple, which compares Bitcoin's price to its 200-day moving average, is at 0.93, suggesting a "buy" territory according to its creator, Trace Mayer.

- **Historical Context**: Historically, the Mayer Multiple has been higher 70% of the time since Bitcoin's inception.

- **Analyst Opinions**: Some experts advise caution, suggesting potential further dips, while others see this as a prime buying opportunity if you believe in higher prices within 6-12 months.

Bitcoin has risen 3.31% over the past 30 days, but the debate continues on whether to buy now or wait for a potential drop to the low $40,000s.

**Note**: Always conduct your own research before making investment decisions.