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Bitcoin is trading at ~35% discount to its Energy Value

Long
Bitcoin Liquid Index (BNC:BLX)  
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BNC:BLX   Bitcoin Liquid Index
Chart Patterns Beyond Technical Analysis BTC Bitcoin (Cryptocurrency) crypto energyvalue hashrate electricity Energy Commodities Value Fundamental Analysis
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chartpattern beyondta btc bitcoin crypto energyvalue hashrate electricity energy value fundamental
Bitcoin is currently trading at a ~35% discount to its energy value, suggesting a value opportunity for the long-term investor.

Further, the Bitcoin Energy Value Oscillator shows a near identical 3-step pattern to the prior bull markets.
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