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Bitcoin MVRV Ratio Nears Key Signal – Next Major Buying Opportunity Ahead?

  • Bitcoin faces intense selling pressure and struggles to hold above critical $80,000 support level.
  • Some analysts see a potential buying opportunity when the MVRV Ratio crosses above its 70-day moving average.
  • BTC hovers around $82,000 as bulls face crucial test and fight to reclaim key moving averages.
  • Failure to hold above $82,000 might lead to a deeper correction and renewed fear among investors.

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