🐂 The BTC MVRV indicator has climbed back above its 1-Year Average, even with yesterday’s bearish candle!
​This has happened only twice in the past nine years:
1️⃣ April 2019, when Bitcoin was priced at $5,000.
2️⃣ January 2023, when the price was $21,000.
​Both times, this was a definitive signal that the Bear Market had ended and a new bull cycle was beginning! 🚀

$BTC

@BinanceOracle Binance Square Official
​#Bitcoin #BinanceSquare #Crypto #MVRV #BTC #BullMarket #BTC