【 $BTC Four-Year Cycle Total Carve Series 57】
2019 bull market recovery period: this metric reached a peak above +2σ
2023 bull market recovery period: this metric reached a peak above +1σ
┌── 🐼 On-Chain Data Details ──┐
The indicator at the bottom of the chart is Bitcoin’s on-chain short-term holder MVRV (data begins in 2011), along with its five standard deviation lines (+2σ, +1σ, 0σ, -0.8σ, -1.4σ)
2019 bull market recovery period: this metric reached a peak above +2σ
2023 bull market recovery period: this metric reached a peak above +1σ
┌── 🐼 On-Chain Data Details ──┐
The indicator at the bottom of the chart is Bitcoin’s on-chain short-term holder MVRV (data begins in 2011), along with its five standard deviation lines (+2σ, +1σ, 0σ, -0.8σ, -1.4σ)
