Recent Bitcoin Price Action Isn’t Radical According to Serious Valuation Models

Yesterday, the cryptocurrency market was a complete bloodbath, bringing Bitcoin to under $4,000 briefly before a rebound occurred. Despite the carnage, according to the asset’s most serious valuation models, the price action wasn’t anything radical and the first-ever cryptocurrency is still tracking along healthy as can be. Bitcoin Bloodbath Wasn’t Enough to Break Serious Valuation…

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