📉 Attention, crypto enthusiasts!
- Bitcoin valuation indicator is "red" again. BTC hasn't been this undervalued since the FTX crash in late 2022.
- Mayer Multiple, created by Trace Mayer, shows a value of 0.93. Historically, a value below 2.4 is considered "time to buy".
- Analysts warn: further drops are possible. Expect prices around $40,000.
Stay safe and stay tuned!