‍Bitcoin Undervalued Against Gold, Z-Score Indicates Potential Rally

Analysis suggests Bitcoin (BTC) is undervalued compared to gold and global money supply, trading 24%-66% below its trend, according to Samson Mow, CEO of Jan3.

The Bitcoin-to-gold ratio's Z-score, currently at -1.24, historically precedes significant market surges when below -2. Previous drops below -3 (FTX collapse) and -2 (March 2020 crisis) led to 150% and 300% rallies, respectively.

While some analysts warn of volatility toward $50,000 due to macroeconomic and geopolitical risks, Mow highlights the divergence between digital and physical stores of value. Bitcoin has stabilized near $66,400 after a dip to $60,000.

https://cryptovka.com/news/bitcoin-undervalued-against-gold-key-indicators-suggest-rally