Bitcoin undervalued sub-$20K, says new report as BTC mimics 2017 bull run

Bitcoin undervalued sub-$20K, says new report as BTC mimics 2017 bull run

Bitcoin's market cap to thermocap ratio is primed to repeat bullish behavior, analysis from Stack Funds says. Bitcoin (BTC) investors have “not long” to accumulate before a continuation of the bull run past $20,000, a new report says.Released on Dec. 10, the Weekly Report from Asian crypto fund provider Stack Funds predicts that one indicator in particular will follow historical precedent and propel Bitcoin higher.Report: You can buy BTC, but "not for long"According to Slack, the market cap to thermo cap ratio (MCTC) is showing signs of repeating its performance in 2017, the year in which....


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