CVDD Signals Bitcoin Not Yet Undervalued; Drawdowns Lag History
CVDD Model Signals Bitcoin Is Not Yet Deeply Undervalued as Drawdown Lags Historical Cycles Bitcoin’s current drawdown still appears to be lagging what prior market cycles have typically produced, according to commentary attributed to Adler, who referenced the Bitcoin Cumulative Value Days Destroyed (CVDD) model. As a result, it remains too early to conclude that…
