Uncover the Prime Buy Zone: Expert Analysis Highlights Bitcoin’s (BTC) Investment Potential

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Crypto analyst Ali Martinez has revealed that it may still be an excellent time to accumulate Bitcoin, despite its recent price surge from $57,000 to $64,000.
Bitcoin whales didn’t waste time accumulating during Bitcoin’s recent decline, as Bitcoinist reported that these investors bought 47,500 BTC ($2.8 billion) between May 2 and 3.
Crypto analyst Mikybull Crypto recently hinted that Bitcoin is almost ready for another parabolic rally, with the “next liquidity grab interest is above.”

Despite Bitcoin’s recent price surge, analysts suggest it’s still a prime time to accumulate the crypto token. Bitcoin whales have been buying, and another parabolic rally could be on the horizon.

Bitcoin Is Still In A “Prime Buy Zone”

Martinez mentioned in an X (formerly Twitter) post that Bitcoin’s Market Value to Realized Value (MVRV) 90-day ratio indicates that it is still in a “prime buy zone” despite its recent price surge. The MVRV is a metric used to determine whether a crypto token is undervalued or overvalued. Based on Martinez’s findings, Bitcoin looks to be currently undervalued, which presents a good opportunity to accumulate the crypto token.