Here’s What Will Happen If Bitcoin Respects This MVRV Ratio Support Level

Here’s What Will Happen If Bitcoin Respects This MVRV Ratio Support Level

A CryptoQuant analyst using the pseudonym “tugbachain” has recently shed light on a key trend within the Bitcoin market. Posting on the CryptoQuant QuickTake platform, the analyst focused on the Market Value to Realized Value (MVRV) ratio, an important metric in the Bitcoin market. According to tugbachain, the MVRV ratio shows a historical downward trend….