Top Fidelity Macro Analyst Says Bitcoin (BTC) Way Oversold as Key On-Chain Metric Reaches 2011 Levels - BitcoinEthereumNews.com
Bitcoinशीर्ष फिडेलिटी मैक्रो एनालिस्ट का कहना है कि बिटकॉइन (BTC) जिस तरह से ऑन-चेन मेट्रिक 2011 के स्तर तक पहुंचता है06 / 15 / 2022बिटकॉइन एथेरियम समाचार Fidelitys director of global macro Jurrien Timmer is updating his outlook on Bitcoin (BTC) as the leading crypto asset by market cap struggles near the $20,000 level. टिमर बताता है his 126,000 Twitter followers that when considering Bitcoin‘s “P/E” (price to earnings), a metric traditionally used to value stocks by comparing the company’s earnings with its stock price, BTC is currently significantly undervalued. The analyst compares the earnings of a company to the number of users on the Bitcoin network. “Is BTC cheaper than it looks? If we consider a simple ‘[price to earnings]’ metric for BTC to be the price/network ratio, then that ratio is back to 2017 and 2013 levels, even though BTC itself is only back to late 2020 levels. Valuation often is more important than price.” स्रोत: ज्यूरियन टिमर/ट्विटर In similar fashion, Timmer uses a metric that records the number of non-zero Bitcoin addresses with the price of BTC. Historically, price has fluctuated above and below the demand curve. “Another way to highlight this is by overlaying Bitcoins non-zero addresses against its price. Price is now