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Darkfost Says Bitcoin’s Extreme Undervaluation Appeared in 3.4% of Its History

CryptoQuant analyst Darkfost said fear spread after Bitcoin fell below key levels, only weeks after profits dominated the market.

By Enna Lee
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A brass token weighs down one side of a balance scale / TokenPost.ai
A brass token weighs down one side of a balance scale / TokenPost.ai

Bitcoin has reached an extreme undervaluation level seen during only 3.4% of its history, CryptoQuant analyst Darkfost said, as fear spread after the asset fell below key levels.

Darkfost said investors had become fearful despite profits dominating the market only a few weeks earlier.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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