Rare Bitcoin signal flashes: Will a 220% BTC price rally follow?

Multiple long-term Bitcoin valuation models suggest that BTC’s drop to $60,000 opened up a rare discounted buying opportunity. Do traders and institutional investors agree?

Bitcoin (BTC) is trading below $69,000 on Tuesday, confirming the view that price consolidation is the most likely course over the short term. The sell-off to $60,000 and the subsequent recovery to $72,000 resulted in many BTC price indicators falling into what analysts believe to be a deep value zone, but will buyers reach the same conclusion?

Key takeaways:

Bitcoin’s realized price bands have aligned with a long-term accumulation zone that preceded new BTC highs. 

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