BTC bull market big return or not far away? This indicator needs to be focused on
CryptoChan2024/09/18 09:36
Don't panic, the BTC big cycle return is not far away 😎
The black line in the figure represents the BTC: MVRV indicator's range from 20 years to present; the blue line represents the BTC: MVRV indicator's range from 16 to 21 years; the red line represents the BTC: MVRV indicator's range from 12 to 17 years. The three lines align the BTC mining output of their respective cycles by half.
Note: MVRV (Market Value to Realized Value) refers to the ratio of the BTC market price to the overall buying average price of BTC on the chain.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Baby Doge is suspected to be about to undergo token destruction
远山洞见•2024/09/19 10:57
ALT Breaks 0.1 USDT, Up Over 32% in 24 Hours
Bitget•2024/09/19 10:52
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$62,504.54
+4.27%
Ethereum
ETH
$2,428.14
+5.15%
Tether USDt
USDT
$1
+0.02%
BNB
BNB
$557.59
+2.82%
Solana
SOL
$138.85
+7.32%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$0.5852
+2.25%
Dogecoin
DOGE
$0.1043
+3.77%
TRON
TRX
$0.1505
+0.42%
Cardano
ADA
$0.3483
+5.09%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now