Fidelity Investments\u2019 veteran technical research analyst Jurrien Timmer who has 27 years of experience in the field, has shared an exciting finding.<\/p>\n\n\n\n
By plotting Bitcoin\u2019s valuation against its price since its launch, Timmer concluded that Bitcoin is cheap.<\/p>\n\n\n\n
However, when he did the same thing with Ethereum, the results were even more startling and promising, especially for investors who buy the dip.<\/p>\n\n\n\n
According to Timmer, Bitcoin is currently available cheaper than ever, and Ethereum is arguably trading at its bottom.<\/p>\n\n\n\n
He figured out Bitcoin and Ethereum valuation by plotting their price over the years against millions of non-zero addresses holding them during that time.<\/p>\n\n\n\n
After plotting Bitcoin against Ethereum, Timmer discovered that if ETH is where BTC was four years ago, Vitalik Buterin\u2019s crypto could be close to a bottom. A great opportunity to buy.<\/p>\n\n\n\n
Timmer compared Bitcoin\u2019s network growth with other modern techs. He discovered Bitcoin\u2019s adoption curve to be similar to the internet adoption curve, which is a good sign for the king crypto.<\/p>\n\n\n\n
Jurrien Timmer\u2019s findings favor the world\u2019s number 1 and 2 cryptos. However, both are struggling now: BTC is trading at $21,266 and ETH at $1,190.56? Probably the time for the Bulls to strike?<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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