Bitcoin's MVRV Indicator Suggests Potential for Future Gains

10/3/2024 3:47:05 PM

According to TheCryptoBasic, Bitcoin's Market Value to Realized Value (MVRV) ratio has peaked lower than in previous market cycles. This analysis, highlighted by IntoTheBlock, suggests that there is still room for potential gains in Bitcoin's price, indicating a bullish outlook for traders. (Source)

Bitcoin IntoTheBlock MVRV

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