The #Bitcoin MVRV Z-Score has historically been a powerful indicator to know when the cycle is topping out.



So far, it's not even close to flashing a warning signal again.

Would expect it to at least cross above 4 this cycle - before topping out.
BTC0.82%
NOT12.37%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin