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September 19, 2020
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Bitcoin

Is Bitcoin after half-life cheap or expensive? Glassnode’s unique index


Bitcoin undervaluation indicator Is the value of virtual currency (cryptographic assets) Bitcoin that is half-valued low or high? Many experts say that they are bullish at $ 30,000 a year to $ 100,000 in five years, but what happens with actual data? Grassnode, which handles virtual currency-related data, reported that it showed “underestimation (cheap)” in its own index calculated from the mining situation of mining. “PuellMultiple” is an index related to bitcoin (new supply) that is newly mined every day.

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