Bitcoin price is ‘undervalued’: Analysts see opportunity despite bearish trends

Ishika Kumari

Bitcoin’s price struggles within the $54K-$55K range, with bearish signals from RSI and MACD.
Presto Research calls Bitcoin “undervalued,” citing record hashrate and high network security.

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Bitcoin price is ‘undervalued’: Analysts see opportunity despite bearish trends

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Bitcoin price is ‘undervalued’: Analysts see opportunity despite bearish trends