Michaël van de Poppe states Bitcoin is extremely undervalued while the current bull cycle shows weaker momentum than prior parabolic advances and rejects the diminishing returns premise that many traders still expect.

Bitcoin undervalued on classic and technical metrics per Caprioleio via Cointelegraph, BTC at $64312.77 with RSI 49.3 and MACD golden cross.

According to @Andre_Dragosch, Bitcoin is significantly underpriced and the macro cycle is far from over, source: X post by @Andre_Dragosch on Dec 20, 2025. He endorsed Raoul Pal’s macro thesis delivered at the Solana Breakpoint conference in Abu Dhabi and shared Pal’s video post, source: X post by @RaoulGMI in Dec 2025. For trading, this alignment indicates a bullish continuation bias for BTC positioning until macro conditions shift, source: conclusions stated by @Andre_Dragosch and @RaoulGMI in their X posts.

According to @BullTheoryio, since the Oct 10 sell-off U.S. stocks are up roughly 25% while BTC remains about 8% lower, creating a sharp divergence (source: @BullTheoryio, Dec 6, 2025). According to @BullTheoryio, BTC traded closely with the Magnificent 7 for most of the year before a post–Oct 10 correlation breakdown (source: @BullTheoryio). According to @BullTheoryio, the break followed what they call crypto's biggest liquidation event, leaving BTC 'insanely undervalued' relative to equities (source: @BullTheoryio). According to @BullTheoryio, this frames a relative-value setup for traders tracking BTC versus U.S. mega-cap tech strength and liquidation-driven dislocations (source: @BullTheoryio).

According to @CoinMarketCap, Ethereum (ETH) now hosts over $200B in tokenized assets and has captured nearly two-thirds of the global tokenization market, a scale that traders track for liquidity and dominance signals. Source: https://twitter.com/CoinMarketCap/status/1988481909383364812 @CoinMarketCap adds that analysts cite network growth, institutional inflows, and declining exchange supply as indicators ETH may still be undervalued, making these metrics relevant for positioning and risk management. Source: https://twitter.com/CoinMarketCap/status/1988481909383364812

According to @santimentfeed, the past three months show a clear correlation break between crypto and equities, with returns since August 11 of gold +21%, S&P 500 +7%, and Bitcoin -15% (source: Santiment on X, Nov 12, 2025). @santimentfeed notes that over the prior four years crypto and equities were tightly correlated, and on that basis BTC may be undervalued relative to equities and gold (source: Santiment on X, Nov 12, 2025). This sets a 36 percentage-point spread between gold and BTC and a 22 percentage-point spread between the S&P 500 and BTC since August 11 (source: Santiment data via X, Nov 12, 2025).

According to the source, JPMorgan’s latest research estimates Bitcoin BTC is undervalued by 68,000 dollars relative to gold after the recent dip, indicating BTC may be more attractive than gold on a relative basis, source: JPMorgan research note. For trading, the bank’s view highlights potential upside in the BTC versus gold ratio if the valuation gap narrows, aligning with a relative-value framework that favors BTC over gold in the near term, source: JPMorgan research note.