The post Bitcoin’s MVRV Indicator Signals Room for Growth appeared first on Coinpedia Fintech News
The MVRV (Market Value to Realized Value) indicator is renowned for tracking down the Bitcoin price tops and bottoms. Whenever the MVRV value is below 2, it signals an accumulation zone, indicating the price is still undervalued. Peaks in previous cycles have always occurred when the MVRV value reached 3.5 or above, suggesting it’s time …