#BITCOIN STEP INTO THE EARLY STAGE OF A PRICE INCREASE MARKET AFTER THE MVRV SIGNAL, CRYPTOQUANT ANALYSTS SAY
CryptoQuant analyst Axel Adler Jr. said that the 30-day MA ratio of MVRV, adjusted against the 365-day MA line, has risen above the MA 365-day line on August 20, signaling that Bitcoin has entered the early stage of an uptrend market at a price of $71,255.
According to ChainCatcher, this phase lasts 31 days, during which #bitcoin increased by 13%.
$BTC
CryptoQuant analyst Axel Adler Jr. said that the 30-day MA ratio of MVRV, adjusted against the 365-day MA line, has risen above the MA 365-day line on August 20, signaling that Bitcoin has entered the early stage of an uptrend market at a price of $71,255.
According to ChainCatcher, this phase lasts 31 days, during which #bitcoin increased by 13%.
$BTC
