Analyst: Bitcoin valuation drops to extreme historical low, at a similar level only 3.4% of the time

on November 13, crypto market analyst Darkfost posted on the X platform stating that Bitcoin recently broke below multiple key price levels and market panic is beginning to spread, while just a few weeks ago the market was primarily profitable.

Darkfost noted that according to the valuation indicators he tracks, Bitcoin has now entered a historically rare undervalued zone. Throughout Bitcoin's entire historical cycle, only about 3.4% of the time has occurred at the current or similar undervalued level.

He believes investors need not fear such market conditions excessively, but instead can treat them as potential long-term investment opportunities, noting that similar strategies have consistently yielded positive results over past long-term holding periods.