Expert Calls Bitcoin Price At $110,000 Undervalued, Community Reacts

Key Insights:

• Altcoin Daily and Crypto Rover see Bitcoin as “undervalued.”
• Bitcoin’s price movements align with rising global liquidity trends.
• NUPL score indicates Bitcoin still has room for price growth.

Altcoin Daily claims Bitcoin price is “undervalued” at $110K. The expert cited its potential for significant upside despite recent price fluctuations.

Meanwhile, Bitcoin has been experiencing notable price momentum recently. It caught the attention of the cryptocurrency community. As of July 3, 2025, the digital asset peaked at over $110,300.

However, it has since dipped slightly to $108,691, reflecting a 0.71% decrease in the past 24 hours. Despite this minor drop, Bitcoin price has seen an overall increase of 1.65% over the past week.

This recent price action has fueled debates about Bitcoin’s current valuation. With this, prominent voices in the crypto community are offering differing views.

Altcoin Daily: Bitcoin Price is Undervalued

One of the most vocal supporters of Bitcoin’s potential is Altcoin Daily. The platform recently stated that Bitcoin’s price of around $110,000 is “undervalued.”

Altcoin Daily’s assertion has sparked considerable discussion within the crypto space. Some followers agree, and others question the basis for this valuation.

Despite the recent dip in Bitcoin price, Altcoin Daily believes the cryptocurrency has significant upside potential. This view aligns with other analysts, including Crypto Rover, who consider Bitcoin undervalued and predict substantial future growth.

Notably, this stance has not been universally accepted. Some community members have questioned the metrics and fundamental analysis supporting this viewpoint. One commenter asked why Bitcoin was deemed undervalued at $110K, seeking more concrete data to back up the claim.

Others have remained cautious, emphasizing that Bitcoin’s market has not confirmed a breakout above $110,530. More cautious analysts highlight macroeconomic factors as potential risks. Elements like inflation and global tariffs could slow down Bitcoin’s price rally.

Bitcoin Price Action and Global Liquidity

The discussion on Bitcoin’s valuation is also informed by its relationship with global liquidity. A chart tracks Bitcoin price movement alongside the M2 Global Liquidity Index from September 2024 to September 2025. It reveals a notable and intriguing trend during that period.

Bitcoin price fluctuated between $89,000 and $110,000 during this period, showing significant growth, especially in early 2025. In particular, Bitcoin was labeled as “undervalued” during March-April 2025, when its price lagged behind the rising global liquidity.

The chart illustrates that as global liquidity rose from $58,500 to $170,000, Bitcoin’s price followed a similar upward trajectory. This pattern suggests that Bitcoin may benefit from the increasing liquidity in the broader financial system.

Proponents of this theory believe that Bitcoin’s price could continue to rise in line with global liquidity trends. The idea of Bitcoin being undervalued when liquidity is growing has gained traction. Analysts are suggesting that investors may see this as a buying opportunity.

NUPL Indicator: Still Room for Growth

Another factor fueling optimism around Bitcoin price is its NUPL (Net Unrealized Profit and Loss) score. The NUPL metric gauges how much profit Bitcoin holders are sitting on, serving as a sentiment indicator.

Stockmoney Lizards, a crypto analytics platform, has pointed out that the NUPL score remains healthy. This signals that Bitcoin is not yet overextended in profit-taking.

In the past, Bitcoin achieved its peak behavior when the NUPL score was overbought territory, like in 2017 and 2021. The NUPL calibrations were distinguished at very high levels in the two occurrences before Bitcoin had to correct itself.

In 2025, NUPL still has not reached these levels yet, according to Stockmoney Lizards; hence, there is room for surges.

This indicates it still has space to climb until a possible price top. This proves that the Bitcoin price is not fully realized in the present market cycle. Investing in it may still prove to be a lucrative venture.

Analysts closely monitor Bitcoin’s price movements and the broader macroeconomic landscape. These factors serve as important indicators for predicting its future direction.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

godfrey mwirigi