<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWRlOTMtNGFhMC03N2ZiLThlNGItZmViOTUyNmNiMTcw.jpg" alt="Bitcoin valuation metric projects 96% chance of BTC price recovery in 2026"></p><p>A similar setup in 2023 preceded a 340% Bitcoin rally, reinforcing the argument that BTC is undervalued at current prices.</p>