These crypto since March pullbacks have significantly reset Bitcoin MVRV,
down from 2.7
— which is dangerous, near-peak levels
to 1.91
— which is safe, pre-boom levels
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
down from 2.7
— which is dangerous, near-peak levels
to 1.91
— which is safe, pre-boom levels
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🔥4👏3
As you can see, the current 1.91 MVRV places the MVRV exactly where it was before each of the hugest crypto booms
Set for blast-off
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Set for blast-off
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀5
Charts lookin angry af tonight
Bears trying hard to push them down
Could be a real turning point tonight…
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Bears trying hard to push them down
Could be a real turning point tonight…
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀6
👀3😨2😱1