"Still too cheap"...As Bitcoin's undervaluation theory spreads, institutions are secretly accumulating it.

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The perception that Bitcoin (BTC) is undervalued compared to its actual worth is spreading among investors, raising expectations for future price increases.

According to cryptocurrency media outlet Bitcoinist on May 1st (local time), despite recent market volatility, many investors believe that Bitcoin's current price does not fully reflect its intrinsic value. This perception is particularly strengthening among long-term investors, acting as a factor supporting market sentiment.

The Market Value to Realized Value (MVRV) indicator is cited as a basis for the undervaluation judgment. The analysis suggests that the current price range is attractive from a long-term investment perspective, as the indicator remains at a low level compared to its historical average. The re-emergence of similar indicator trends observed just before past bull markets is also considered a factor raising investors' expectations.

The inflow of institutional funds and continuous accumulation by companies also serve as a backdrop for increasing Bitcoin's valuation. As companies like Strategy continue to accumulate Bitcoin, the market interprets this as a signal of long-term value appreciation. The fact that Bitcoin is establishing itself as a store of value beyond a mere speculative asset also strengthens investor confidence.

Similar trends are being observed not only among Bitcoin investors but also among major virtual asset investors in Ripple and XRP. With easing regulatory uncertainty and expectations of wider adoption, there is a growing movement to view the current price correction as a temporary phenomenon and engage in buying the dip. In particular, the trend of large investors moving assets off exchanges is analyzed as a factor that induces a reduction in market supply and increases the possibility of a future price rebound.

Although market sentiment remains unstable, investors' confidence in Bitcoin's fair value is strengthening. If the macroeconomic environment stabilizes and liquidity recovers in the future, it is suggested that the undervalued price may be readjusted, leading to a continued upward trend.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*