$BTC MVRV at this point in past presidental election years, each marked with the red X’s:
9 Nov 2012 = ~1.8
9 Nov 2016 = ~1.9
9 Nov 2020 = ~2.2
9 Nov 2024 = ~2.2
Basically, MVRV was always around ~2 at this time in past election years — not too high, plenty of room for upside.
Real big thing here though is,
= Massive boom in $BTC price always happened soon after this point in the past
Essentially all signs pointing to big boom
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
9 Nov 2012 = ~1.8
9 Nov 2016 = ~1.9
9 Nov 2020 = ~2.2
9 Nov 2024 = ~2.2
Basically, MVRV was always around ~2 at this time in past election years — not too high, plenty of room for upside.
Real big thing here though is,
= Massive boom in $BTC price always happened soon after this point in the past
Essentially all signs pointing to big boom
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
⚡5🔥5🙏4