Bitcoin valuation metric projects 96% chance of BTC price recovery in 2026

A similar setup in 2023 preceded a 340% Bitcoin rally, reinforcing the argument that BTC is undervalued at current prices.

Bitcoin (BTC) has been in a downtrend since early October, with the price dropping below its network value, suggesting a possible recovery in 2026.

Key takeaways:

Bitcoin price dropped below its fair value, a setup that has historically preceded positive one-year returns. 

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