- Acheter crypto
- Marchés
- Futures
- 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.
Vous pourriez aussi aimer
À la hausse
Dernières actus crypto
Un homme à San Francisco, aux États-Unis, s'est introduit dans une maison et a volé environ 11 millions de dollars en cryptomonnaie.
La Caisse de retraite du New Jersey augmente sa participation dans MicroStrategy à 16 millions de dollars
Une baleine a acheté les fonds restants dans HYPE spot, avec la taille actuelle de la position à environ 15,5 millions de dollars.
Le projet de coffre-fort numérique sur chaîne de l'écosystème Hyperliquide, Harmonix, va lancer sa vente publique sur Sonar.
Current Mainstream CEX, DEX Taux de financement Affichage Marché Toujours Global Baissier
Assistance client：@weikecs
Collaborations commerciales：@weikecs
Trading quantitatif/Market makers：[email protected]
Programme VIP：[email protected]
App