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Unusual Bitcoin MVRV Event Bodes Well For Long-Term Outlook – Here’s Why

  • Bitcoin hit a new all-time high above $111,000 during the recent crypto bull run, despite experiencing some retracement due to US trade tariff news.
  • Crypto analyst BilalHuseynov noted an unusual event with Bitcoin's Market Value To Realized Value ratio (MVRV) during the current bull cycle.
  • Typically, MVRV ratio peaks between 3.5-4.0 in previous Bitcoin ATH cycles, but this time it peaked at 2.4, suggesting a more stable market with less hype-driven overvaluation.
  • The reduced MVRV number is seen as a positive signal for Bitcoin's long-term outlook, indicating the involvement of stronger market hands and a more confident investor base.

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