Bitcoin is a ‘strong relative buy’ with the sell-off nearly saturated, K33 says
The recent sell-off in Bitcoin has created what I see as one of the most compelling buying opportunities we've witnessed since the depths of the 2022 crypto winter. According to a sharp analysis from K33 Research, with Vetle Lunde pointing the way, Bitcoin's current underperformance against traditional equities isn't just a minor blip—it's a glaring disconnect from its fundamental strengths.While the S&P 500 continues its relentless climb, largely fueled by AI hype and speculative fervor, Bitcoin has been unfairly punished, trading like a risky tech stock when it is, in fact, a foundational monetary asset. This isn't a time for hesitation; it's a time for conviction.The data doesn't lie. We're seeing sell-side pressure that is nearly exhausted, a classic indicator that the bottom is near.Look at the on-chain metrics: long-term holders, the true believers who understand Bitcoin's value proposition, are not selling. They're accumulating, recognizing this price weakness for what it is—a temporary discount in a long-term bull market.This is the very essence of a 'strong relative buy. ' The noise from regulators, the endless chatter about ETFs seeing outflows for a day or two, the media's obsession with short-term volatility—it's all a distraction from the core narrative.Bitcoin's fundamentals are rock-solid. Its hash rate remains at an all-time high, signaling immense network security.The upcoming halving, an event programmed into its DNA that slashes the inflation rate of new supply, is mere months away. Historically, the periods following a halving have been explosive for price appreciation.Meanwhile, what are the fundamentals for the overvalued tech stocks propping up the equities market? Many are trading on future promises and inflated earnings multiples, vulnerable to the slightest shift in Federal Reserve policy or a downturn in consumer sentiment. The institutional infrastructure supporting Bitcoin is stronger than ever.BlackRock, Fidelity, and a host of other TradFi giants have entered the arena, legitimizing the asset class for a generation of investors who previously dismissed it. The approval of spot Bitcoin ETFs in the United States was a watershed moment, and while daily flows may fluctuate, the structural gate has been opened.Capital will flow in; it's only a matter of time. The current price action is a classic shakeout, scaring the weak hands and the tourists before the next leg up.As a Bitcoin maximalist, I've seen this movie before. The altcoin space is a circus of meaningless narratives and vaporware, but Bitcoin is the bedrock.
#lead focus news
#bitcoin
#price analysis
#institutional adoption
#market sentiment
#K33 Research
#Vetle Lunde
#relative buy
#sell-off saturation
