For crypto enthusiasts, that zone has historically represented extreme pessimism — and, in hindsight, some of Bitcoin's best long-term buying opportunities. But this time, the chatter is also about whether one of crypto's oldest valuation models has finally outlived its usefulness, and if we are on the other side of the rainbow.
For crypto enthusiasts, that zone has historically represented extreme pessimism — and, in hindsight, some of Bitcoin's best long-term buying opportunities. But this time, the chatter is also about whether one of crypto's oldest valuation models has finally outlived its usefulness, and if we are on the other side of the rainbow.
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