- Comprá cripto
- Mercados
- Contratos
- Spot
- Copy trading
WE-Launch
Analyst: Bitcoin MVRV Falls Below 365-Day Moving Average, Signaling Potential Entry into a 'Periodic Bottom Phase'
BlockBeats News, October 22, CryptoQuant analyst ShayanMarkets stated that the Bitcoin market value to realized value ratio (MVRV) recently fell below its 365-day moving average, a signal that has historically appeared multiple times before the market forms a cyclical bottom.
The analyst pointed out that the current MVRV ratio is around 1.9, slightly below its 365-day simple moving average (SMA). Looking at historical data, each time MVRV fell below the 365-day SMA, the Bitcoin price saw a significant rebound: a 135% increase in mid-2021, a 100% increase in June 2022, and a 196% increase in early 2024.
ShayanMarkets believes that this pattern indicates that Bitcoin may once again enter the undervalued range, where long-term holders typically begin to accumulate again. If history repeats itself, the Bitcoin price is expected to reach the range of $115,000 to $190,000 towards the end of the bull market.
También te puede gustar
Ganadores
Últimas noticias cripto
Opinión: Las expectativas de la Fed se relajan y se justifica otro recorte de tipos en enero del próximo año
Michael Saylor: "Advertencia de flujo de salida de $2.8 mil millones" está aumentando el miedo, el precio de las acciones de MSTR ha reaccionado de manera exagerada
StandX Mainnet se lanzó oficialmente hoy a las 4:00 PM hora de Hong Kong.
Horno de proveedores de servicios de participación original lanza una infraestructura de rendimiento institucional Railnet
Ver: Si la presión de venta se debilita esta semana, podría servir como una señal de fondo confiable
Atención al cliente：@weikecs
Cooperación comercial：@weikecs
Trading cuantitativo y MM：[email protected]
Servicios VIP：[email protected]
App