Mehrshaad🎩
@mehrshaad
Bitcoin’s MVRV ratio is currently 1.9, down from a recent 2.65, indicating a market recalibration. Historically, values above 3.5 suggest euphoria and cycle peaks, while levels around 1.0 hint at market bottoms. However, this cycle differs due to ETF demand, institutional involvement, and regulatory shifts, paving the way for further expansion.
0 reply
0 recast
5 reactions
