We have no crystal ball. What we do have is data.

In our September Analyst Retro, Copper correctly predicted that Bitcoin would likely recover to the $60k mark in October.

We also predicted a market reversal a week before the bottom in July. We’re not saying this to toot our own horn but to highlight that despite volatility, fundamental data is most telling.

While predictions have been challenging, 2021 price swings have given investors new data points that finally add up. Copper looks for the simplest answer in this analyst retrospective and finds that Bitcoin might currently be undervalued relative to supplies.

DISCLAIMER

THE INFORMATION CONTAINED WITHIN THIS PRESENTATION IS FOR PROFESSIONAL INVESTORS, REGULATED FINANCIAL ADVISERS AND THEIR INVESTORS ONLY. ALL INVESTMENT IS SUBJECT TO RISK. THE VALUE OF DIGITAL ASSETS MAY GO DOWN.