Crypto
Bitcoin \'rare buying opportunity\' signal appears again after 220 percent rebounds
Bitcoin’s drop toward $60,000 has led several medium- and long-term valuation models to label the zone a rare low-price buying opportunity. On-chain metrics such as realized price and shifted realized price suggest entry into a structural support area, with past retests followed by strong rallies. The Power Law Quantile model also places prices near the lower end of the long-term path. Still, technical indicators and the BTC/gold ratio leave room for additional declines.