A leading Bitcoin researcher has identified a rare opportunity for the cryptocurrency, highlighting its current price as an indication of massive undervalued potential. Bitwise analyst André Dragosch sees Bitcoin’s present market position echoing the extreme yet rewarding environment following the COVID-19 crash in 2020, where price surged after a significant downturn. He believes Bitcoin is currently misaligned with global growth trends due to a disconnect between its current price and forward-looking economic indicators. This echoes the past, when Bitcoin tumbled from around $8,000 to near $5,000 before launching into a long bull run. 2023’s market situation presents an opportunity for those who believe in the long-term potential of Bitcoin.