I came across this photo on Twitter with the Caption "GOLD is overvalue, BITCOIN is undervalued" But then, $BTC / $XAUt ratio is currently The at its most 'oversold' level in years. While everyone is chasing Gold at $4,900, i think the smart money is looking at #Bitcoin historic undervaluation. History doesn't just repeat, it rhymes with a massive rotation back to the hardest asset. Do you agree?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I came across this photo on Twitter with the Caption "GOLD is overvalue, BITCOIN is undervalued" But then, $BTC / $XAUt ratio is currently The at its most 'oversold' level in years. While everyone is chasing Gold at $4,900, i think the smart money is looking at #Bitcoin historic undervaluation. History doesn't just repeat, it rhymes with a massive rotation back to the hardest asset. Do you agree?
#BTC Price Analysis#