TechFlame News: Glassnode reports that Bitcoin's "Yardstick" indicator has hit a record low, significantly below previous bottoms, indicating that Bitcoin's price is severely undervalued relative to network security (hash rate). Historical data shows that such extreme lows often mark the exhaustion of downside potential and coincide with long-term opportunities. In the past, similar situations have typically been followed by significant rebounds in Bitcoin's price. Note: The Bitcoin "Yardstick" indicator, developed by Capriole Investments, is defined as Bitcoin's market capitalization divided by hash rate, normalized over two years of data. Similar to the price-to-earnings ratio for stocks, it is used to assess Bitcoin's valuation.