CryptoQuant analyst Darkfost stated that market panic is spreading as Bitcoin has fallen below several key price levels, a stark contrast to just weeks ago when investors were generally in a profitable position. He pointed out that according to his long-term valuation model, Bitcoin is currently in an extremely undervalued range, a level historically observed only about 3.4% of the time. Darkfost believes that such periods of market panic should not be overly concerning, as they often present good entry opportunities for long-term investors. However, this indicator does not necessarily mean that Bitcoin has bottomed out or will inevitably rebound in the short term. https://wublock123.com/news/news-71896