Analysis
Significance:
6/10

Bitcoin’s MVRV Ratio hints at ‘cyclical bottom’ forming below $110K

https://cointelegraph.com/news/bitcoin-mvrv-ratio-cyclical-bottom-forming-below-110k

Nancy Lubale

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
MVRV ratio below 365-day average signals a potential local bottom and undervaluation phase, historically preceding significant price rallies.
Bullish
Analysts suggest capital rotation from gold to Bitcoin could boost BTC price, with short-term targets around $115,000.