Bitcoin Is 'Massively Undervalued' in $65,000 Range, Tether Advisor Explains Why
Bitcoins current price in the $64,000â€$65,000 range is giving retail investors a sense of déjà vu and mild anxiety, as this is exactly where the asset stalled during the previous cycle. However, major players see a completely different story in the chart. Tether adviser Gabor Gurbacs said that Bitcoin is now “massively undervalued” at these levels. His main argument is that the price has remained the same, but the internal structure of the market has been completely transformed. While the 2021 all-time high was driven by pure hype, regulatory uncertainty, and excessive leverage, by July 2026 the landscape had changed beyond recognition, with spot ETFs, interbank gateways for institutional investors, and clear rules established by governments. Bitcoin price chart with recent post from Gabor Gurbacs, Source: TradingView According to Gurbacs, once the market clears out the remaining leveraged speculators, real price discovery will begin. Why institutional players want $65,000 Bitcoin Data from the SoSoValue analytics platform supports the Tether advisers view and closely reflects actual financial flows:Funds are buying the sideways market: Major capital is methodically accumulating during the current consolidation. During the July 20 trading session, spot Bitcoin ETFs recorded net inflows of $226.92 million, with these purchases taking place while Bitcoin traded at $65,142.Five-day