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Bitcoin Skyrockets As Crypto Starts Massive RallyAt a price of about $17,, Bitcoin appears to be significantly undervalued. Just days before the FTX collapse, Bitcoin was trading above. So yes invest in BTC if that's what u believe in. BUT maybe don't go all in on 1 moment. Spread your 20k over days/weeks/months. Whatever you. Retail investors are worried bitcoin will plunge below $20, 11, bitcoin has fallen about 20% to roughly $39,, according to FactSet.