Analyst: Bitcoin is in a severely undervalued range, close to historical bottom positions

Crypto analyst Crypto Dan posted on the X platform that Bitcoin is currently in a severely undervalued range. From a cyclical perspective, Bitcoin is close to historical bottom positions. Although it is still uncertain whether this is the absolute bottom, the indicator shows that the current level of interest from market participants in the crypto market is comparable to that at past bottoms.

Crypto Dan stated that looking ahead to the next upward cycle around 2027, the current level is undoubtedly in a cheap range.