Bitcoin on Sale: Cheaper Than 2017? Experts Say “Grab Your Wallets!”

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  • BTC vs gold? More like BTC vs bargain basement! It’s 2015 all over again, darling, and we know how that ended-cha-ching!
  • So, Bitcoin’s looking like the last cupcake at a sale-undervalued, overlooked, and screaming “Buy me!” Analysts are clutching their calculators, comparing it to gold, and whispering, “This is the dip you’ve been waiting for.”
  • Last time it looked this sad, it bounced back like a champagne cork at Bridget’s New Year’s party. Coincidence? I think not.

Bitcoin’s practically wearing a “Clearance” sign, and the data’s shouting, “Cheaper than 2017!” Analysts are comparing it to gold and spotting more red flags than a bad Tinder date. But hey, red’s the new black, right?

Bitcoin vs Gold: The Underdog Strikes Back

In January, Bitcoin’s value compared to gold hit rock bottom-like, “I’ve fallen and I can’t get up” levels. Bitwise Europe’s data shows the BTC-to-gold ratio in the “extreme zone,” which is basically the financial equivalent of a dramatic breakup. Last seen in 2015, just before Bitcoin went from “Who?” to “Whoa!”

The Z-score scale? Negative two. That’s financial-speak for “deeply undervalued.” Or, as I like to call it, “Mark’s ex-girlfriend’s self-esteem after he left her for a Pilates instructor.”

Analyst Michaël van de Poppe quipped, “Today’s a better time to buy Bitcoin than 2017.” Translation: “This is the fire sale of the century, people!”

Today represents a better opportunity to be buying than 2017.

It’s currently the lowest valuation vs. Gold ever.

– Michaël van de Poppe (@CryptoMichNL)

Other analysts are nodding like they’ve just discovered the secret to eternal youth. Historical comparisons? Check. Past cycles? Check. Panic buying? Well, that’s up to you.

Gold Traders: “Should I Stay or Should I Go?”

Gold’s been on a hot streak, doubling in the past year, while Bitcoin’s been sulking in the corner. Some traders are eyeing a switch from gold to Bitcoin like it’s the last slice of pizza at a party. But analysts are all, “Timing is everything, darling.”

Long-Term Holder Supply in Bitcoin continues to rise.

Long-term supply is starting to recover, but along the way weak hands have been shaken out.

The classic cost of a healthy recovery.

– anıl (@anlcnc1)

André Dragosch of Bitwise Europe says Bitcoin’s like that friend who shines brightest after a rough patch. Pav Hundal of Swyftx thinks the rotation could start in February or March-or, you know, whenever it feels like it. Because markets are basically toddlers with trading accounts.

But Benjamin Cowen’s like the voice of reason at a hen party: “Bitcoin might keep weakening, and don’t hold your breath for a gold-to-Bitcoin sprint.” Thanks, Ben. Buzz kill.

Long-Term Holders: The OG Hodlers Are Back

On-chain data shows long-term Bitcoin holders are stocking up like it’s the apocalypse. These are the folks who hold Bitcoin for more than 155 days-basically, the financial equivalent of a long-term relationship. Their behavior? Less selling, more chilling.

CheckOnChain’s data reveals long-term holder supply is recovering, while the Long-Term Holder Spent Binary indicator is dropping faster than my New Year’s resolutions. Fewer coins are hitting exchanges, which is basically the crypto version of “I’m not going out tonight.”

This pattern’s been seen before market lows, like a rerun of your favorite sitcom. In past cycles, these holders started accumulating just before prices bounced back. Analysts are watching like hawks-or maybe just really invested bystanders.

So, is Bitcoin cheaper today than in 2017? The data says yes, but the market’s like, “We’ll see.” Analysts are glued to their screens, tracking relative value metrics and on-chain trends. Meanwhile, macro factors and investor sentiment are doing their best impression of a soap opera.

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2026-02-01 00:54