Blockchain analyst Jamie Coutts says regardless of recent hype and rallies, Bitcoin (BTC) is still significantly undervalued. The analyst says on the social media platform X that the anticipation of the approval of a spot Bitcoin exchange-traded fund (ETF) doesn’t completely explain BTC’s positive price performance as of late. Using data from crypto analytics firm The post Crypto Analyst Jamie Coutts Says Bitcoin Still Vastly Undervalued Despite 150% Rallies – Here’s Why appeared first on The Daily Hodl .