<ul data-eligibleForWebStory="false"><li>Bitcoin's MVRV indicator above the 365-day average signals bullish momentum, backed by analysts' observations.</li><li>MVRV ratio indicates a healthy uptrend in the Bitcoin market, suggesting investor sentiment is positive.</li><li>Traders are monitoring key price levels at $106,734 support and $110,630 resistance to determine Bitcoin's next move.</li><li>Analysts note that breaching $110,630 would confirm bullish control, while a drop below $107,734 could trigger a correction wave.</li></ul>

Bitcoin’s Road to $110630: 365-Day MVRV Signals Bullish Momentum

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