Further downside is expected, but multiple data points suggest Bitcoin is undervalued Post author:MiamiCrypto Post published:June 16, 2022 Post category:Bitcoin Price / BTC Markets / Cryptocurrencies / Markets Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected. You Might Also Like The Metaverse, play-to-earn and the new economic model of gaming October 10, 2021 The Federal Reserve’s pursuit of a ‘reverse wealth effect’ is undermining crypto December 19, 2022 BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week September 6, 2021