【BTC on-chain indicator update】
Continue the bull market after halving🍉
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CryptoChan
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The bull market after the BTC halving in 2016 & 20 years😏
The black line in the figure is the BTC: MVRV indicator ⟨24 years-to-date⟩ segment; the blue line is the BTC: MVRV indicator ⟨20-24 years⟩ segment; the red line is the BTC: MVRV indicator ⟨16-20 years⟩ segment. All three segments start with the halving day of BTC mining output in their respective cycles.
Note: MVRV (Market Value to Realized Value) refers to the ratio of BTC market price to the overall average purchase price of BTC on the chain.
The black line in the figure is the BTC: MVRV indicator ⟨24 years-to-date⟩ segment; the blue line is the BTC: MVRV indicator ⟨20-24 years⟩ segment; the red line is the BTC: MVRV indicator ⟨16-20 years⟩ segment. All three segments start with the halving day of BTC mining output in their respective cycles.
Note: MVRV (Market Value to Realized Value) refers to the ratio of BTC market price to the overall average purchase price of BTC on the chain.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
93,573.25
+9.87%
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