Jun 01, · Bitcoin price just reached overvalued status for the first time since September , according to the asset’s Energy Value indicator. While this may sound like a negative thing, after this indicator has bottomed out in the past after each halving, it has spiked upward along with the asset’s price until they each top out once again. Dec 16, · [ December 17, ] Litecoin Jumps % In Rally Litecoin [ December 17, ] Monero, Cardano, BAT Price Analysis: 15 December Monero [ December 17, ] Ripple and MoneyGram “pushing boundaries” with XRP Ripple [ December 17, ] XRP, Monero, Dogecoin Price Analysis: 17 December Altcoin. Why Bitcoin Is Overpriced by More Than 50%. By. Mark Hulbert. Updated Dec. 16, pm ET / Original Dec. 16, am ET Order Reprints Print Article Text size.
Bitcoin overpricedBitcoin Is Overpriced According Energy Value For First Time Since September
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Home Cryptocurrency news Bitcoin. Reading Time: 3min read. It also marked the last major correction prior to the bull market officially beginning. Reloads and free spins available every day, for every player, in mBitcasino Crypto Autumn Bonanza! Play Now! Tweet Share Could you be next big winner? Tony Spilotro I'm Tony Spilotro. Related Posts. Premium Partners. Top Brokers.
Top Casinos. Top Sportsbooks. Press Releases. Newsletter Signup. Technical Analysis. It seems the experts at JPMorgan missed that. With a finite supply, miners can only receive a bigger share of that relative to other miners. Defining an intrinsic or fair value for any cryptocurrency is clearly challenging. Indeed, views range from some researchers arguing that it has no fundamental value, to others estimating fair values well in excess of current prices.
Is this what passes for professional financial advice these days? Share your thoughts below! Could you be next big winner? I consent to my submitted data being collected and stored. Bitcoin saw some wild overnight volatility that came about after a flurry of selling activity liquidated long positions and sent its price reeling lower This selloff was quite intense All Rights Reserved.