Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors.
Dan Morehead, the CEO of Pantera, believes that Bitcoin is “cheap” when compared to the price trend over the last 11 years according to their June investor report.
Bitcoin has a 11-year trend of 20.3% Bitcoin’s price has had varying deviations from the 11-year “exponential trend” over the past couple of years.
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