A major on-chain metric is now hinting that Bitcoin may be trading far below its true value, and it’s happening at a moment when most of the market is focused on short-term volatility instead of long-term opportunity.

Bitcoin attempted a recovery mid-week after touching the lowest levels in November, climbing back toward the $87,000 region after days of heavy selling pressure.

Bitcoin’s recent price turbulence has been accompanied by a cluster of technical warnings that have caught the attention of analysts and long-term investors alike.

Bitcoin is trying to shake off last week’s sell-off after sliding to the $80,000 zone, bouncing sharply at the start of the week and reclaiming levels around $86,000.

For months, Bitcoin’s uptrend has absorbed every sell-off without losing its long-term momentum.

Bitcoin’s latest downswing is delivering a harsher impact to short-term participants than to any other segment of the market.

Bitcoin’s sharp decline continues to rattle the market, with the world’s largest cryptocurrency dropping to the $92,500 region after losing one of the most important support levels of the cycle.

Bitcoin is struggling to regain momentum after a week marked by intensified selling pressure, mounting exchange inflows, and deteriorating technical indicators.

Bitcoin’s latest downturn has reignited fear across the market, but analysts argue that the current drop may be part of a much larger bullish pattern rather than the start of a prolonged crash.

Bitcoin is once again stuck in a tightening range, unable to establish a decisive trend as traders weigh conflicting signals across the charts.