A key valuation indicator today places bitcoin at an unprecedented level since March 2023, a period when BTC traded around 20,000 dollars. After several months A key valuation indicator today places bitcoin at an unprecedented level since March 2023, a period when BTC traded around 20,000 dollars. After several months
Bitcoin Correction Pushes MVRV Near Key Threshold
A key valuation indicator today places bitcoin at an unprecedented level since March 2023, a period when BTC traded around 20,000 dollars. After several months of correction following its last all-time high, the market shows a reading rarely seen during the cycle. This configuration, based on on-chain data, raises questions about the real state of the market and the position of bitcoin in its current phase.
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