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Bitcoin Now Undervalued vs S&P 500, According to This Metric

Bitcoin (BTC) is now undervalued versus the S&P 500. That’s according to a metric that runs an Ordinary Least Squares (OLS) regression of the relationship between bitcoin and S&P 500 over the last 200 days to estimate of...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Now Undervalued vs S&P 500, According to This Metric
Bitcoin (BTC) is now undervalued versus the S&P 500.
That’s according to a metric that runs an Ordinary Least Squares (OLS) regression of the relationship between bitcoin and S&P 500 over the last 200 days to estimate of fair value for the Bitcoin price based on the current S&P 500 price.
This methodology (an OLS regression of the Bitcoin and S&P 500 prices over the last 200 days) comes up with a fair value of 27,550 for BTC....
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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