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BTCUSD Rebounds or Rests? Bitcoin Dives 20% to Extreme Undervaluation Zone

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The Story

News Summary

  • Bitcoin suffered a 20% weekly decline, its worst performance since the 2022 FTX collapse.
  • Despite institutional selling and ETF weakness, technical models like the Power Law suggest the asset is currently in an extreme undervaluation zone, historically associated with long-term accumulation phases before market recoveries.
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BTCUSD price history

77727.62 +17.98% over the displayed period

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