"Still too cheap"...Bitcoin undervaluation theory spreads, institutions also secretly accumulating

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The perception that Bitcoin (BTC) is undervalued compared to its actual worth is spreading among investors, raising expectations for future price increases.

According to the cryptocurrency specialized media Bitcoinist on May 1st (local time), despite recent market volatility, many investors believe that Bitcoin's current price does not fully reflect its intrinsic value. This perception is particularly strong among long-term investors, acting as a factor supporting market sentiment.

The Market Value to Realized Value (MVRV) indicator is cited as a basis for the undervaluation judgment. The analysis suggests that the current price range is attractive from a long-term investment perspective, given that the indicator remains at a lower level compared to its historical average. The re-emergence of indicator trends similar to those observed just before past bull markets is also considered a factor that raises investors' expectations.

The inflow of institutional funds and the continuous accumulation activities of companies also serve as a backdrop for increasing Bitcoin's valuation. As companies like MicroStrategy continuously accumulate Bitcoin, the market interprets this as a signal of long-term value appreciation. The fact that Bitcoin is establishing itself as a store of value beyond a mere speculative asset also strengthens investor confidence.

Similar trends are also being observed among major virtual asset investors, not just for Bitcoin but also for Ripple and XRP. As regulatory uncertainties ease and expectations for broader adoption grow, there is a rising movement among investors who view the current price corrections as temporary and are buying the dip. In particular, the trend of large investors moving assets off exchanges is analyzed as a factor that reduces market supply and increases the possibility of a future price rebound.

While market sentiment remains unstable, investors' confidence in Bitcoin's fair value is strengthening. If the macroeconomic environment stabilizes and liquidity recovers in the future, it is suggested that the undervalued price may be readjusted, leading to a continued upward trend.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*