Bitcoin's Undervalued Bull Case: MVRV Z-Score, Bhutan's Gold Rush, and the $100K Floor
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最新报道：Bitcoin is currently undervalued with its MVRV score below 1, signaling a potential buying opportunity, according to analysts. The MVRV ratio, comparing Bitcoin's market cap to realized cap, suggests the asset is trading below its fair value. Meanwhile, Bhutan's sovereign investment arm has been secretly mining Bitcoin since 2020, leveraging the country's abundant hydroelectric power. Market observers highlight Bitcoin's resilience above $30,000, with some predicting a floor of $100,000 in the next bull cycle. The combination of institutional interest and favorable on-chain metrics is fueling optimism for Bitcoin's long-term growth.
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