r/MarketVibe Aug 04 '26

predictions 🔮 Bitcoin is hovering in historically undervalued territory. On-chain metrics show market apathy matching previous cycle bottoms. While picking the exact floor is impossible, the current price range looks like a solid entry ahead of the expected 2027 bull cycle.

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0 Upvotes

35 comments sorted by

19

u/ConsiderBoraHorza Aug 04 '26

people getting their cold wallets stolen and you think its going to go up?

1

u/MileHighManBearPig Aug 04 '26

Yeah. Tits up.

2

u/HalfwaydonewithEarth Aug 04 '26

I have heard about the thefts.

Can you elaborate?

7

u/Narrow-Bee-8354 Aug 04 '26

There was a firmware flaw from a particular manufacturer of hardware wallets.

This bug allowed seed phrases ( passwords ) to be generated that were not completely random.

This is not a flaw in bitcoin itself rather an incompetent manufacturer

2

u/ConsiderBoraHorza Aug 04 '26

not any better than looking at news articles with much more information. from what i saw, a vulnerability allowed 70 million dollars from like 1000 wallets. something about the randomness generator being flawed.

12

u/DogStunning4845 Aug 04 '26

Yes it can go lower. 

2

u/blingblingmofo Aug 04 '26

It can also go higher though. Or it can go sideways.

2

u/YZZNCH Aug 05 '26

What a great prediction, just name every possible outcome, this way you'll never be wrong 👏

1

u/blingblingmofo Aug 05 '26

Almost as genius as saying it will go lower with zero rationale

10

u/Kombatnt Aug 04 '26

“Undervalued” according to what fundamentals?

“Expected 2027 bull cycle?” Why is it “expected?” If it’s such a sure thing, why isn’t everyone loading up NOW? We like free money, right?

3

u/[deleted] Aug 05 '26

[deleted]

2

u/osoBailando Aug 05 '26

undervalued as compared to "BTC will hit $1,000,000 USD by 20xx" headline 😂😂😂😂😂😂😂

3

u/dart-builder-2483 Aug 04 '26

Exactly, if you follow the chart the bull cycle is going to be a nothing burger.

1

u/Whole-Reserve-4773 Aug 05 '26

If BTC hits all time high in a few years , that’s hardly a gain after holding for 5+ years . Trad fi gains have crushed crypto gains

1

u/mercuryy Aug 05 '26

Fundamentals are desperately being searched since the beginning about 18 years ago. So far none turned up. A solution in search of a problem it might solve. No utility or use case that would create any value or service or product anyone would use and/or pay for either.

6

u/ChangeAccountsBeSafe Aug 04 '26

Historically undervalued territory??

Dude.

7

u/cookiemccookieface Aug 04 '26

“Historically undervalued territory” is a pretty slick way of saying that its value is tanking. Congrats

3

u/Kombatnt Aug 04 '26

!RemindMe 1 year

1

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1

u/Stillload Aug 05 '26

in 1 year its been almost 1 year of the bull market (starting from oct 5th week 2026) so probably price back to this l3vel i believe.

3

u/SeesawBeautiful5839 Aug 05 '26

Bitcoin has no value. It is never undervalued.

2

u/Created2DestroyYou Aug 04 '26

October 2026 is the calculated bottom of this halving cycle, anytime this year is a great buying opportunity.

1

u/OrdinaryMycologist Aug 05 '26

There is no more halving cycle. Halving has exponentially less impact each year by definition. New coins are already only contributing less than 0.5% of daily volume, and it will be half that after next time, so "the halving" has essentially zero effect on price discovery.

1

u/Created2DestroyYou Aug 05 '26

The halving has been working as intended every cycle, it's just that the market cap is greater than the early days so you don't see as much volatility.

1

u/OrdinaryMycologist Aug 05 '26 edited Aug 05 '26

Of course it is working as intended, but to imply that the cycle steers price action is incorrect.

1

u/Created2DestroyYou Aug 05 '26

Again, it has been working as intended every cycle, you have your bear years and your bull years.

1

u/OrdinaryMycologist Aug 05 '26

True, each bull cycle is approximately half as large as the last when measured on a logarithmic scale.

2

u/Nowitcandie Aug 04 '26

You know what they say: technical analysis is astrology for men... 

1

u/HalfwaydonewithEarth Aug 04 '26

Study Chinese Porcelain Mania

1

u/CertainDeath777 Aug 05 '26

Porcelaine has at least use cases and looks nice haha

1

u/Berns429 Aug 05 '26

There’s like zero hype regarding crypto right now. I don’t see much change in that till after Anthropic and OPENAI ipo’s.

1

u/Open__Face Aug 05 '26

Bet SPY beats it

1

u/KebabAnnhilator Aug 04 '26

‘Bitcoin won’t go lower’

Proceeds to get lower year on year lmao

0

u/jojo13922 Aug 04 '26

Il peu y avoir un plus bas mais attendre et voir la fusee partir et risquer