Bitcoin's bear market COULD already be OVER, per this Glassnode chart.
BTC's MVRV momentum has turned POSITIVE, flashing the same recovery signal seen in 2019 and 2023.
The MVRV ratio now stands at 1.54, above its annual average of 1.44, suggesting bullish momentum is returning.
$BTC
BTC's MVRV momentum has turned POSITIVE, flashing the same recovery signal seen in 2019 and 2023.
The MVRV ratio now stands at 1.54, above its annual average of 1.44, suggesting bullish momentum is returning.
$BTC