I'm looking at Bitcoin, and the situation is quite interesting right now. The price is hovering around 66.9K, and all eyes are on the 200-week exponential moving average, which is right around 68.3K. This level has become crucial because if BTC closes the week below this threshold, we could see a significant bearish acceleration. I've seen some analysts like Rekt Capital point out that historically, when the price is rejected at this level and then retests it as resistance, it usually leads to further downward acceleration. That said, what strikes me is the Mayer Multiple. The values are so low that, according to data, only 5.3% of days in Bitcoin's history have seen levels this bought up. William Clemente from Styx emphasizes that we are in long-term accumulation territory. In short, the technical picture is tense in the short term, but the classic metrics continue to scream that BTC might be undervalued. We'll see how the week closes.

BTC-0,33%
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