Bitcoin MVRV Ratio Declines, But Not Near Bottom Zone Yet

Bitcoin MVRV Ratio Declines, But Not Near Bottom Zone Yet

Data shows the Bitcoin MVRV ratio has gone down recently, but the metric’s value is still above the historic bottom zone. Bitcoin MVRV Ratio Observes Decrease, But Value Still Greater Than 1 As explained by an analyst in a CryptoQuant post, BTC may still have room for further decline before the bottom is in. The […]


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Bitcoin MVRV Ratio At Make-Or-Break Test: Will Support Hold?

On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MVRV ratio is retesting a level that has acted as an important psychological level in the past. The “MVRV ratio” here refers to a popular on-chain indicator that, in short, compares the value that the investors are holding (that is, the market cap) against what they used to purchase the cryptocurrency (the....

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These Are The Altcoins In Buy Zone, Analytics Firm Reveals

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Chainlink MVRV Enters Bearish Zone As LINK Breaks $10, Correction Soon?

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