Is the Bitcoin price cheap or expensive in the current situation? Analysis Company shared its private metric!

Crypto para Analysis firm Alphractal, using short -term flow fair value metrom Bitcoin’in He examined his current valuation and clarified whether the BTC was cheap or expensive in current market conditions.

The short -term flow measures the relationship between the new Bitcoin export and the absorption of this by the market. Takes into account the following:

• BTC inputs and exits in stock exchanges affecting trade liquidity.
• Miners often sell BTC to cover operational expenses.
• Processing fees that play a role in supply and demand dynamics.

The high -term flow fair value indicates that more BTC is absorbed by the market, that sales pressure is reduced and potentially supports the price. On the contrary, a decrease in this metric indicates that more coins enters the market through stock exchanges and mining sales and increases sales pressure.

Alphractal says that the metropolis reached the highest level of all time in February, but has recently started to fall. However, Bitcoin’s absorption levels continue to remain high, which shows that despite the last retreat.

Alphractal, in addition to the short -term flow fair value, draws attention to the total funding rate throughout the stock exchanges. Currently, it is approaching the negative area, but it is generally positive. The negative funding rate in large stock exchanges is historically associated with local bottoms and shows that a change in market sensitivity may be on the horizon.

*It is not an investment advice.